Stocks Fall as Brent Crude Surpasses $90 Amid Risks in the Middle East

Stocks followed bonds lower amid concerns that high oil prices would fuel inflation, as hopes for an agreement to end the war with Iran dimmed.

According to Chris Larkin of E*Trade at Morgan Stanley, rising oil prices and the lack of progress on the diplomatic front between the United States and Iran are risk factors.

Investors are increasingly focused on and concerned about the growing volume of U.S. debt and the lack of fiscal discipline in the United States, said Anthony Saglimbene of Ameriprise

Oil +2.93%

Venezuela and PDVSA fell by 0.2 points. Trading volume was low.

Latin American bonds are down 0.25 to 0.5 points.