Dow drops 400 after trimming an early plunge of 1,200 as oil prices climb even higher

2 days ago 1

By STAN CHOE, AP Business Writer

NEW YORK (AP) — A sell-off for stocks wrapped around the world and hit Wall Street Tuesday, while oil prices climbed even higher on worries about the widening war with Iran. But the big moves that rocked markets in the morning eased substantially as the day progressed.