[BRIEFING.COM] The S&P 500 (-0.7%), Nasdaq Composite (-0.8%), and DJIA (-0.9%) remain firmly lower as the market enters the final hour of the session.
The IEA confirmed that member nations have begun contributing to a coordinated release of oil reserves in response to disruptions in the Middle East.
Crude oil settled today's session $0.29 higher (+0.3%) at $95.71 per barrel. The energy sector (+1.6%) remains the only S&P 500 sector that trades higher today.