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Crude Oil Prices and Energy Stocks Pressure the S&P 500

Gordon Kristopher
Crude Oil Prices and Energy Stocks Pressure the S&P 500

The S&P 500 fell ~0.2% to 2,727.76 on May 24. The decline in crude oil prices and energy stocks pressured the S&P 500. On May 24, President Trump canceled the summit with North Korea scheduled on June 12, which also pressured the S&P 500. The meeting was canceled due to hostility from North Korea.