S&P Market News Update

The U.S. stock market suffered some of its most violent price swings since mid-October on Tuesday, as investors wrestled with volatility in oil and growing turmoil in Russia, exemplified by a spectacular decline of the ruble.

The S&P 500 SPX, -0.85%  ended at session lows, trading in a range of nearly 45 points. The benchmark index closed 16.89 points, or 0.9%, lower at 1,972.74. Energy-related stocks, which have been battered over the past several weeks, rose more than 1%, and industrials and telecoms also ended higher.

Gasoline Market Update

January heating oil HOF5, -0.63%  lost 4.2 cents, or 2.1%, to finish at $1.9600 a gallon. January natural gas NGF15, +0.86%  fell 10 cents, or 2.7%, to end at $3.6190 per million British thermal units.

Platinum Market Update

In other metals trading, January platinum PLF5, +0.38% settled down 1.5% at $1,196.50 an ounce, while March palladium PAH5, +0.17% dropped by 2.3% to end at $784 an ounce.

High-grade copper for March delivery HGH5, +0.02% fell 2 cents, or 0.7%, to settle at $2.86 a pound.