Midday Report: Stocks Move Lower as Wall Street Can't Shake Geopolitical Concerns

Stocks move lower Wednesday as markets continue to grapple with geopolitical uncertainty.
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Stocks traded lower as markets continued to grapple with geopolitical uncertainty concerning the next move by the U.S. regarding Russia, Syria and North Korea. Crude was mixed after the Energy Information Administration's weekly status report showed that U.S. crude oil inventories last week declined by 2.2 million barrels, while OPEC's monthly report said production decreased by 153,000 barrels a day, an average of 31.93 million barrels a day. Delta Air Lines (DAL) - Get Report shares gained after the airline reported first-quarter adjusted earnings of 77 cents a share, topping forecasts by 2 cents. Delta said traffic in the first quarter rose 0.5% and capacity dipped 0.5%. Finally, Whole Foods Market (WFM) shares jumped after Bloomberg reported that Amazon considered taking over the grocer last year, but decided against making a move.