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Wall Street loses ground under pressure from rising oil prices

Stocks fell on Wall Street under increasing pressure from rising oil prices. The S&P 500 lost 0. 5% Friday. The Dow Jones Industrial Average gave back 1. 2%. The Nasdaq composite slipped 0. 2% after giving up a modest gain. The price of Brent crude oil, the international standard, rose 3. 1% above $116 a barrel, its highest level since June 2022. European markets closed mostly lower. France’s main index fell 0. 4%, though yields on French government bonds eased a bit. The yield on the rose 4...

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