While you were sleeping: Equities, oil slide further

Tue, 09 Feb 2016

By Margreet Dietz Feb. 10 (BusinessDesk) - Wall Street slid anew with the price of oil. European banks fell again. Oil moved lower, with West Texas Intermediate for March delivery dropping more than 3 percent to US$28.77 a barrel on the New York Mercantile Exchange. Wall Street followed suit. In 13.09pm trading in New York, the Dow Jones Industrial Average slid 0.7 percent, while the Nasdaq Composite Index retreated 1.1 percent. In 12.54pm trading, the Standard & Poor’s 500 Index fell 0.5 percent. “We're starting to feel some of the...

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