What stalled this year’s seemingly infallible stock market rally

Brent crude futures, the international benchmark, were down 0.4% at $86.80 per barrel by 6.45 am ET, having earlier spiked more than 3%. US crude futures slipped 0.3% to trade at $82.50, also reversing earlier gains. Both contracts have fallen so far this month but are still up about 15% since the start of the year.