Thursday, May 2, 2019

Dow Plummets as Oil Price Decline Spills Into Stock Market

By CCN: The Dow and broader U.S. stock market extended their slide on Thursday, as plunging oil prices and a defiant Federal Reserve weighed on the major indexes. Dow Falls Triple Digits; S&P 500 Slides Further from Record Highs All of Wall Street’s major benchmarks traded lower, reflecting a tepid pre-market for Dow futures. The Dow Jones Industrial Average fell by as much as 250 points before paring losses later in the session. It closed down 122.35 points, or 0.5%, at 26,307.79. The broad S&P 500 Index of large-cap stocks declined 0.2% to 2,917.52. Eight of 11 primary sectors fell,

The post Dow Plummets as Oil Price Decline Spills Into Stock Market appeared first on CCN



source https://www.ccn.com/dow-plummets-as-oil-price-decline-spills-into-stock-market

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