LOS ANGELES (AP) — Three people were killed and six others were hurt after a 92-year-old driver collided with a bicyclist and then lost control and slammed into a grocery store Thursday in the Los Angeles neighborhood of Westwood, authorities said.
The woman driving a Toyota Prius hit the bicyclist shortly after noon and then continued for another block before swerving into the bakery section of a 99 Ranch Market and then coming to a stop, trapping several people underneath the vehicle, police and fire officials said.
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People embrace at the scene of a fatal crash outside of a 99 Ranch Market, Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
First responders work the scene of a fatal crash outside of a 99 Ranch Market, Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
First responders gather around a car seen inside of a 99 Ranch Market at the scene of a fatal crash Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
First responders work the scene of a fatal crash outside of a 99 Ranch Market, Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
A car is seen inside of a 99 Ranch Market at the scene of a fatal crash Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
Capt. Anthony Espinoza of the Los Angeles Police Department called the crash “an unfortunate accident," and said it is not believed to have been intentional.
Two men, ages 30 and 55, and a 42-year-old woman, who were all inside the bakery at the time, died at the scene, the Los Angeles Fire Department said in its report. Two men, both 35, were taken to the hospital in critical condition, and two other men, ages 38 and 37, were in fair condition, according to the department.
The bicyclist and the driver declined offers to be taken to the hospital, the fire department said.
The driver was a 92-year-old woman, Los Angeles Fire Department spokesperson Lyndsey Lantz told The Associated Press. Officials said she was cooperating with investigators and was undergoing a medical evaluation.
TV news footage showed a silver Prius fully inside the store, its trunk popped open. Next to it was a bright yellow sign directing shoppers to Korean street food and desserts. A popular Asian supermarket chain with about two dozen stores in California, the 99 Ranch Market store that was damaged is about a mile from the University of California, Los Angeles, campus.
“I can’t tell you how many coffees I’ve gotten in that bakery,” Sean Divekar, 32, told the Los Angeles Times, becoming emotional as he learned people were killed.
Watson reported from San Diego.
People embrace at the scene of a fatal crash outside of a 99 Ranch Market, Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
First responders work the scene of a fatal crash outside of a 99 Ranch Market, Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
First responders gather around a car seen inside of a 99 Ranch Market at the scene of a fatal crash Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
First responders work the scene of a fatal crash outside of a 99 Ranch Market, Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
A car is seen inside of a 99 Ranch Market at the scene of a fatal crash Thursday, Feb. 5, 2026, in the Westwood neighborhood of Los Angeles.(AP Photo/Damian Dovarganes)
NEW YORK (AP) — U.S. stocks are hanging near their records Wednesday as oil prices fall and ease the pressure on households and businesses worldwide.
The S&P 500 slipped 0.1% below its all-time high set the day before. The Dow Jones Industrial Average was up 183 points, or 0.4%, as of 12:56 p.m. Eastern time, and the Nasdaq composite was 0.1% lower.
Stocks of companies with big fuel bills helped lead the way on hopes that lower oil prices will remove a big drag on their profits. Norwegian Cruise Line Holdings climbed 5.7%, and United Airlines rallied 7.3%. Delta Air Lines rose 3.7% and is on track to set an all-time high.
The price for a barrel of Brent crude oil fell 4.1% to $95.48 after the ceasefire between the United States and Iran appeared to hold despite the U.S. military launching what it called “self-defense” strikes in southern Iran. A barrel of benchmark U.S. crude fell even more, 4.2%, to $89.69 on hopes that the United States and Iran can reach an agreement to reopen the Strait of Hormuz and allow oil tankers to exit the Persian Gulf for deliveries again.
Stocks have been able to run to records despite the painful inflation and uncertainty caused by high oil prices largely because companies have reported surprisingly strong profits for the start of 2026, and the forecast is for them to continue.
Bath & Body Works rallied 11.2%, and Abercrombie & Fitch climbed 11.8% after both reported bigger profit for the latest quarter than analysts expected. That's even as U.S. consumers continue to say they're feeling discouraged about the economy and inflation.
Lululemon Athletica rose 3.6% after reaching a deal with its founder, Chip Wilson, where it will add a former chief marketing officer of ESPN and a former co-CEO of On to its board of directors.
On the losing side of Wall Street was Dick's Sporting Goods, which dropped 4.9% despite delivering a profit for the latest quarter that edged past expectations. Analysts pointed to how much profit it wrung out of each $1 in revenue, which some called a bit weak.
Oil-and-gas stocks also sank, hurt by the dropping prices for crude. Exxon Mobil fell 1.4%, and Chevron slipped 0.8%. Halliburton dropped 3% to bring its gain for the year so far back toward 40%.
In the bond market, Treasury yields eased after falling oil prices took pressure off inflation. The yield on the 10-year Treasury slipped to 4.48% from 4.50% late Tuesday and from 4.67% roughly a week ago.
It’s a respite following recent gains for yields in bond markets worldwide, which threatened to slow economies and undercut prices for stocks and all kinds of other investments. High yields have already forced the average long-term U.S. mortgage rate to its most expensive level since last summer, and they could curtail companies’ borrowing to build the artificial-intelligence data centers that have supported the U.S. economy’s growth recently.
In stock markets abroad, indexes were mixed across Europe and Asia. South Korea's Kospi was one of the world's best performers and jumped 2.3% after SK Hynix, which is a big beneficiary of the artificial-intelligence boom, soared 9.3%.
A day before, Micron Technology surged to become the latest Big Tech company to be worth more than $1 trillion on AI excitement. Its stock has more than tripled already in 2026, and analysts at UBS said Tuesday it could soar even more because of how fundamentally AI has improved demand for computer memory.
AP Business Writer Elaine Kurtenbach contributed to this report.
Trader Edward Curran, left, and specialist Meric Greenbaum, center, work on the floor of the New York Stock Exchange, Friday, May 22, 2026. (AP Photo/Richard Drew)
A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm Monday, May 25, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)
A dealer walks past near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)
A dealer walks past near the screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)
A dealer stands near the screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, May 27, 2026. (AP Photo/Lee Jin-man)
