Stocks recover much of their early losses on Wall Street, commodities mostly lower

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Stocks on Wall Street have erased their steep losses from the morning and are holding relatively steady on Monday, the latest in a string of topsy-turvy trading. The S&P 500 was virtually unchanged, after erasing early loss of 1.7%.

Stocks on Wall Street have erased their steep losses from the morning and are holding relatively steady on Monday, the latest in a string of topsy-turvy trading. The S&P 500 was virtually unchanged, after erasing early loss of 1.7%.

Benchmark U.S. crude oil for June delivery fell $3.53 to $98.54 a barrel on Monday. Wholesale gasoline for May delivery fell 7 cents to $3.24 a gallon. May heating oil rose 15 cents to $4.09 a gallon. May natural gas rose 14 cents to $6.67 per 1,000 cubic feet.

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