Markets Fall Amid Rising Oil Prices

U.S. indices finished lower Wednesday as investors continue to weigh the Federal Reserve tapering outlook, inflation concerns and the Russia-Ukraine war. Oil prices have also gained, which has pressured economic sentiment.

Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro.

Hess Corp. (NYSE:HES), Marathon Oil Corporation (NYSE:MRO) and Baker Hughes Co (NASDAQ:BKR) were among the top gainers for the SPY Wednesday.

Charles River Laboratories Intl. Inc (NYSE:CRL), ResMed Inc. (NYSE:RMD) and Adobe Inc (NASDAQ:ADBE) were among the top losers for the S&P 500.

Elsewhere On The Street

The difference between the yield on 10-year and two-year U.S. Treasury bonds has dropped below 0.2% and is now at its lowest level since March 2020. Unfortunately, a flattening or negative yield curve can be a very negative indicator for the economy… Read More

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