Wall Street holds near its record after Brent oil briefly falls below $98 per barrel
NEW YORK — Wall Street is holding near its record high Tuesday in a relatively quiet day for markets worldwide. The S&P 500 rose 0.1 percent is sitting 0.4 percent below its all-time high set last month. The Dow Jones Industrial Average was down 168 points, or 0.3 percent, as of 1:55 p.m. Eastern time, and the Nasdaq composite was adding 0.4 percent to its own record. Stocks had been higher in the morning, when the price for a barrel of Brent crude briefly fell below $98. But oil prices later trimmed their losses, and Brent was most recently at $99.66 per barrel. That's down from the nearly $110 that it touched last week, but it’s still much more expensive than the $72 it was fetching before the war with Iran began. It’s been swinging with uncertainty about when the war will allow crude to freely flow again from the Middle East to customers worldwide. On Wall Street, AutoZone rose 6.1 percent after the retailer reported a stronger profit for the latest quarter than analysts expected, though its revenue fell short. CEO Phil Daniele said the auto parts seller faced “a difficult sel
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