From New York: Stocks are experiencing a decline due to rising oil costs. The S&P 500 has fallen, marking its fourth consecutive loss. This downturn is attributed to increasing worries about inflation.

Brent crude has surged, exceeding $105 per barrel for the first time in months. The price of US crude has also risen significantly.

Further information on the current market situation is available from the source, including specific details on the Dow Jones Industrial Average and Nasdaq composite performances.