Wall Street Slides as Oil Shock and Trade War Squeeze Markets

Markets got a two-for-one reality check: crude oil surged to a six-week high near $98 after Houthi missiles hit Saudi Aramco facilities, while Canada's retaliatory tariffs on $20 billion of U.S. goods took effect overnight. This one-two punch of rising energy costs and new trade barriers hit the Dow Jones hardest, with the index dropping over 500 points in its first session since Friday's Labor Day holiday.

But there's a silver lining: the **S&P 500 held above...