US Markets Wrap: Oil Surges Even as the IEA Opens the Tap

Oil prices surged even after the International Energy Agency announced its largest-ever release of strategic reserves. The Dow Jones Industrial Average fell as investors weighed the economic fallout from the disruptions around the Strait of Hormuz. Michele Schneider, Chief Strategist, MarketGauge Group discusses how transport stocks could signal deeper economic stress. She also explores whether with inflation cooling but energy rising, could the Federal Reserve face a new policy dilemma? Produced/Presented: Ryan Huang Image: tetracarbon from PixabaySee omnystudio.com/listener for privacy information.