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A reversal in oil prices helps stock markets to steady

A reversal in oil prices helps stock markets to steady

NEW YORK — Oil prices eased Monday after a scare overnight where prices popped and then moderated. That helped steady stock markets worldwide as trading headed from Asia through Europe to Wall Street.


What You Need To Know

  • Oil prices eased after a scare overnight where prices popped and then moderated
  • That helped steady stock markets worldwide on Monday as trading headed from Asia through Europe to Wall Street
  • Stocks initially fell in Asia after oil prices leaped on worries about the war with Iran, but oil prices eased later in the morning, which helped European stock indexes to flip from losses to gains
  • The price for a barrel of Brent crude oil, the international standard, got as high as $112 overnight after President Donald Trump…

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