Wall Street Holds near its Record after Brent Oil Falls Below $100 per Barrel

The U.S. stock market held near its record high on Tuesday after oil prices eased again.

The S&P 500 was virtually unchanged, edging down by less than 0.1 percent, and is sitting 0.4 percent below its all-time high set last month. The Dow Jones Industrial Average dipped 185 points, or 0.4 percent, while the Nasdaq composite added 0.5 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 settled at $99.25 per barrel, down 1.1 percent.

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