Dow Plummets as Oil Price Decline Spills Into Stock Market

2019-5-3 23:12

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,

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