Stocks Ended Lower on Renewed Trade War Fears

U.S. stocks ended lower on Wednesday as investors continued to fret over potential change to trade policy. The Dow Jones Industrial Average fell 248.91 points, or 1.00%, to 24,758.12. The S&P 500 lost 15.83 points, or 0.57%, to 2,749.48. The Nasdaq Composite dropped 14.20 points, or 0.19%, to 7,496.81.

Oil prices notched a modest gain on Wednesday, as gasoline futures climbed on the back of a hefty decline in U.S. supplies of the motor fuel, offsetting earlier pressure from a bigger-than-expected rise in crude supplies. April West Texas Intermediate crude rose 25 cents, or 0.4%, to settle at $60.96 a barrel. May Brent crude climbed 25 cents, or 0.4%, to $64.89 a barrel.