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Wall St drops after the record highs of earlier in the week – ABC News

Wall Street reverses early gains, backing down from the previous session’s record closing highs, while crude oil gains ground as investors look to Washington for…

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Wall Street has reversed early gains, backing down from the previous session’s record closing highs, while crude oil gained ground as investors looked to Washington for signs that an enhanced stimulus package would pass a senate vote.

  • All three major US stock indexes are down after record highs
  • European stocks have closed at a 10-month high
  • Crude prices have risen on the hopes of a demand rebound

All three major US stock indexes oscillated amid light trading volume, but were most recently lower as…

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