US Stocks Continue Slide in Ragged Session as Iran War Grinds On

US stocks slid Thursday in another turbulent session as the escalating conflict in the Middle East raised the prospect of sustained disruptions to energy markets and oil prices, with implications for inflation and global commerce.

Stocks swung sharply over the course of the day as widening strikes in Iran and neighboring countries had investors pricing and re-pricing the duration and potential impact of the conflict as volatility spiked. Toward the close of trading, a report that the US is considering emergency measuresBloomberg Terminal to stabilize crude led a bounceback from session lows, though worries over the outlook for oil remain.