Stock market today: Dow, S&P 500, Nasdaq turn lower with oil prices, Walmart, rate-cut bets in focus

Oil prices climbed again on Thursday morning as traders priced in shocks from a potential armed conflict between the US and Iran, adding to large gains in Wednesday trading and the overnight session. Futures on Brent crude (BZ=F), the international pricing benchmark, and US benchmark West Texas Intermediate (WTI) crude (CL=F) both rose around 2% to trade above $71.60 and $66.20, respectively. The price action brings monthly gains on both energy products to more than 11%. The oil market has been closely ...