Stocks Recover from Early Losses and Close with a Weekly Gain

Stocks shook off an early stumble to finish with slim gains on Wall Street Thursday and close out their first winning week since the start of the U.S./Israeli/Iran war.

The early decline for stocks was driven by a surge in oil prices following a national address late Wednesday from President Donald Trump. He vowed the U.S. will continue to attack Iran and failed to offer a clear timetable for ending the conflict in the Middle East. Oil prices eased slightly during the day, but still remain elevated well above $100 per barrel.

The S & P 500 rose 7.37 points, or 0.1 percent, to 6,582.69. Several days of solid gains this week helped the benchmark index notch a 3.4 percent gain for the week. That is the first weekly gain since the conflict started for index at the heart of many 401(k) accounts. Stock markets will be closed for Good Friday, a Christian holiday related to Easter.

Please select this link to read the complete article from The Associated Press.