It is not really like West Texas Intermediate oil is going up so much as Brent Crude is going down. The oil trade of the last few months continues to unwind.
Following through on last Friday’s gains, the S&P 500 and Nasdaq Composite rallied to new closing highs Monday.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
In a landmark step, U.S. regulators curbed some types of trading while largely freeing chief executives from personal responsibility.