Stocks tumble in last hour, close lower; oil up 3%

April 7, 2015 8:16 PM

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Stocks tumble in last hour, close lower; oil up 3%

Stocks gave back early gains and fell sharply in the last hour of trading as the major indexes closed lower, breaking a two-day winning streak.

According to preliminary calculations, the Dow Jones industrial average fell 6 points, or less than 0.1%, to 17,875, after being up more than 100 points earlier in the session. The Standard & Poor's 500 index dropped 5 points, or 0.2%, to 2076 and the tech-heavy Nasdaq composite index fell 7 points,...

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