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The stock index fell 1.5 percent on Thursday, as concerns continued to grow about oil prices rising amid the war in the Middle East.
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With gas prices rising amid the ongoing war in Iran, consumers are seeking out more affordable, used EVs.
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Iran's unrelenting attacks on Mideast shipping and energy infrastructure send oil prices up again AP NewsLive updates: Oil sees historic disruptions as Iran escalates attacks on shipping CNNLive updates: Iran's new supreme leader vows to keep blocking Strait of Hormuz as oil prices spike again NBC NewsSix vessels attacked in Gulf, Strait of Hormuz as war puts merchant ships on front lines Reuters
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Investors exposed to cryptocurrencies such as bitcoin and ether have been on a wild ride over the past year.
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Live Updates: Iran's supreme leader gives first statement as oil prices go up, markets down CBS NewsLive updates: Iran's new supreme leader vows to keep blocking Strait of Hormuz as oil prices spike again NBC NewsIran supreme leader's first purported message leaves a major question unanswered CNNStrait of Hormuz must remain closed as 'tool to pressure enemy,' Iran's new supreme leader says CNBC
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Middle East conflict boosts Vladimir Putin's war chest as tankers carrying Russian oil head to India
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Reserves or no reserves, the outlook remains bleak as long as a major oil and gas trade route remains virtually closed.
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