Dow Jones Industrial Average Wavers After Oil Inventories Surge To 80-Year High

U.S. stocks dropped Wednesday, as oil prices turned negative after U.S. crude inventories rose more than expected last week, surging to an 80-year high. Oil prices have lost nearly 50 percent of their value since last summer after peaking at $115 in June. Meanwhile, strong earnings from media and entertainment giant The Walt Disney Company (NYSE:DIS) helped lift the Dow in morning trading Wednesday, offsetting earlier losses driven by the decline in crude oil prices.