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Wall Street lower in wake of air strikes on Yemen

2015-03-26 18:29:02| Oil & Gas - Topix.net

U.S. stocks fell at the open on Thursday to put the S&P 500 on track for a fourth straight decline, after Saudi Arabia and its allies launched air strikes on Yemen. Oil prices spiked, with Brent crude up 2.4 percent to $57.86 and U.S. crude up 3 percent to $50.69 after warplanes from Saudi Arabia and its allies struck Shi'ite Muslim rebels fighting to oust Yemen's president.

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