Oil Prices Rise, US Stocks Remain Near Records Despite Market Volatility

Oil prices surged, with Brent crude reaching near $111 per barrel, while U.S. stocks held near record levels despite market volatility. The S&P 500 and Nasdaq showed slight gains, while the Dow Jones fell slightly. The Federal Reserve indicated a pause on interest rate cuts, influenced by high oil prices and geopolitical tensions.

By STAN CHOE Wed, April 29, 2026 at 7:34 AM GMT+3 4 min read · Yahoo Finance · April 29, 2026, 04:34 UTC

Tickers: $SBUX

Topics: Brent crude Federal Reserve geopolitical tensions interest rates oil prices stock market

Read the full article at Yahoo Finance

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