Stocks Fall as Oil Climbs on Iran War Escalation Bets
Stocks fell as rising oil prices weighed on sentiment; Treasury yields rose, the U.S. dollar strengthened and oil futures gained more than 3%.
Stocks declined as higher oil prices weighed on sentiment. Treasury yields rose as inflation concerns resurfaced ahead of next week’s Federal Reserve meeting. The U.S. dollar also strengthened ahead of the meeting.
Oil futures gained more than 3% in New…