The Dow Jones industrial average .DJI fell 115.44 points, or 0.64 percent, to 18,010.68. The S&P 500 .SPX slid 13.4 points, or 0.63 percent, to 2,107.39, and the Nasdaq Composite .IXIC lost 27.95 points, or 0.55 percent, to 5,070.03.
U.S. 10-year notes pared most gains late in the session to end near break-even, yielding 2.1284 percent.
Oil surged almost 5 percent as a rally in the dollar faded and after data a day earlier showed four straight weekly draws in U.S. stockpiles.
North Sea Brent LCOc1 settled $2.98 higher at $65.56 a barrel, and U.S. crude CLc1 rose $2.62 to settle at $60.30 a barrel.
The dollar index .DXY was down 0.06 percent at 96.902 and remained on track for a rise in May, resuming a string of nearly uninterrupted monthly gains that began last July.
The dollar was off 0.33 percent against the euro, at $1.0982. Against the yen, it rose 0.13 percent to 124.10 yen.
Oil surged almost 5 percent as a rally in the dollar faded and after data a day earlier showed four straight weekly draws in U.S. stockpiles.
North Sea Brent LCOc1 settled $2.98 higher at $65.56 a barrel, and U.S. crude CLc1 rose $2.62 to settle at $60.30 a barrel.
The dollar index .DXY was down 0.06 percent at 96.902 and remained on track for a rise in May, resuming a string of nearly uninterrupted monthly gains that began last July.
The dollar was off 0.33 percent against the euro, at $1.0982. Against the yen, it rose 0.13 percent to 124.10 yen.
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