09-08-2016 22:28 via news.yahoo.com

Oil slides, caps gains on Wall Street

By Lewis Krauskopf NEW YORK (Reuters) - Oil prices slipped on Tuesday amid worries about a stubborn global petroleum glut, weighing on energy shares and limiting gains on Wall Street after the S&P 500 and Nasdaq ticked up to intraday record highs. Wall Street eked out gains following a strong session for European stock markets, with Germany's DAX index jumping 2.5 percent to its highest of 2016. The pound fell for the fifth day in a row after a Bank of England policymaker said the central ba
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