U.S. stocks recovered some of their early losses on Monday after oil prices receded slightly despite investor concerns that the war in Iran could lead to an oil crunch. The S&P 500 slid 9 points, or 0.1%, to 6,731 in midday trading, while the Dow Jones Industrial Average fell 250 points, or 1.5%, to 47,252. The Nasdaq Composite rose 0.3%. Financial markets have been highly volatile since the war in the Middle East erupted last week. The turbulence continued into Monday, after oil surpassed $100 for the first time since 2022, when Russia’s invasion of Ukraine pushed up global energy prices. Brent crude, the international standard, on Monday fell to $98.72, while West Texas Intermediate, the U.S. benchmark, dropped to $93.39 per barrel, according to FactSet. Both benchmarks briefly approached $120 a barrel on Monday