Markets Tumble As Oil Prices Soar

Crude oil prices soared over $86 a barrel for the first time to settle at a record $86.13 a barrel over concerns that oil production will fall even as demand continues to climb. The Dow tumbled 108 points to 13,985 while Nasdaq plunged 26 points to 2780. S&P 500 plummeted 13 points to 1549. The 30-year bond eased as the yield edged up to 4.907%.