NEW YORK (AP) — Oil prices and stock markets worldwide kept swinging with uncertainty about what will happen with the Iran war. The S&P 500 swiveled between gains and losses in the morning before ending 0.1% lower Monday, its second straight drop since setting an all-time high last week. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite fell 0.5%. Stock prices moved in the opposite direction of oil prices, which went from an overnight pop higher to a drop and then yo-yoed again. The latest drop for oil came late in the day after President Donald Trump said he would hold off on a military attack on Iran scheduled for Tuesday.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
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