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AP Newswatch: Top Stories from the Associated Press — AP NewsWatch 5:30 p.m. EDT. Machine-transcribed; use the interactive transcript above to jump the player to any line.
I'm Ben Thomas with an AP News Minute. The latest round of attacks in the Iran War led to another search for oil prices today. Brent Crude, the international standard, settled above $101 per barrel. That didn't go over well on Wall Street. Cess Soutel has closing numbers. The S&P 500 lost half a percent. The Dow gave back 405 points that's about 8-10 percent. The Nasdaq composite dropped 6-10 percent. Higher oil prices have gotten investors worried about inflation, which is already stubbornly high. Treasury yields moved higher in the bond market. The yield on the 10-year Treasury rose to 4.84 percent. Seth Soutel, New York. In U.S. gas prices spiked as well, Triple A puts the national average for regular grade above 4.22 per gallon. That's up 7 cents from yesterday, and more than a dollar from a year ago. President Trump was asked when it might come down. Shortly, but right after the election, because they'd like to have it that way, but right after the election, I'm Ben Thomas.
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