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Oil prices surge, stocks drop after data shows weaker U.S. job market : NPR

Oil prices surge, stocks drop after data shows weaker U.S. job market : NPR

Michael Gagliano works on the floor at the New York Stock Exchange on Friday.

Michael Gagliano works on the floor at the New York Stock Exchange on Friday.

Seth Wenig/AP


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Seth Wenig/AP

NEW YORK — Oil prices touched their highest levels since 2023 after surging again Friday because of the Iran war, while a weak update on the U.S. job market highlighted the economy’s precarious position. The two trends raised the risk of a worst-case scenario for financial markets, and…

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