Stocks fall as oil prices climb more

By STAN CHOE, Associated Press

NEW YORK — Stocks are back to falling on Wall Street Thursday, as oil prices rise further because of the war with Iran.

The S&P 500 fell 0.6% in morning trading, coming off a frenetic start to the week that saw financial markets worldwide swerve sharply, sometimes hour by hour. The Dow Jones Industrial Average was down 645 points, or 1.3%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 0.3% lower.

Financial markets are again following the cue of oil prices.