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Oil prices fall back to $80 per barrel while US stocks drift

June 16, 2026
Source: adn.com adn.com
News Snapshot:
Optons trader Anthony Spina, center, works on the floor of the New York Stock Exchange, Monday, June 15, 2026. (AP Photo/Richard Drew) NEW YORK — Oil prices are sinking again Tuesday and pulled back to $80 per barrel for the first time since early March, while the U.S. stock market drifts near its all-time high.The S&P 500 slipped 0.2% following a rally that’s brought it back within 1% of its record set earlier this month. The Dow Jones Industrial Average was up 292 points, or 0.6%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 0.4% lower.The price...
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