Energy prices really have fallen to a distant second as far as concerns for the market. The big concern is whether the Federal Reserve is going to keep raising interest rates and, if they do, whether that's going to slow the economy too much.
This is really what we needed to keep this rally going. The Fed seems to be recognizing that there may come a time to stop raising rates, and that's very good for stocks.
It just hammers home to the Fed that the economy is slowing and they need to stop raising rates.