Oil prices keep swinging

Stan Choe, The Associated Press – May 18, 2026 / 2:17 pm | Story: 615017

Photo: The Canadian Press

Trader Michael Milano, center, works with colleagues on the floor of the New York Stock Exchange, Wednesday, May 13, 2026. (AP Photo/Richard Drew)

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…