Wall Street loses ground under pressure from rising oil prices

Stocks on Wall Street closed broadly lower Friday as oil prices climbed to their highest level in more than four years, ratcheting up pressure on the market.

Wall Street loses ground under pressure from rising oil prices

TL;DR

  • Stocks on Wall Street closed broadly lower on Friday.
  • Oil prices climbed to their highest level in more than four years.
  • The rise in oil prices increased pressure on the market.