U.S. Stock Market Opens Lower As Oil Price Falls

Stocks fell as crude oil prices continued slide. (Richard Drew / Associated Press)

Stocks fell as crude oil prices continued slide. (Richard Drew / Associated Press)

U.S. stocks are opening lower as energy companies fall along with crude oil prices

The Standard and Poor's 500 index fell five points, or 0.3 percent, to 2,095 as of 9:32 a.m. Eastern time Wednesday.

The Dow Jones industrial average slipped 48 points, or 0.3 percent, to 18,000. The Nasdaq eased five points, or 0.1 percent, to 4,893.

Fossil Group shares dropped 15 percent as the watch and accessories company reported fourth-quarter results and an outlook that disappointed investors.

The price of oil fell $1.20, or 2 percent, to $52.33 a barrel in New York.

Bond prices rose. The yield on the 10-year Treasury note fell to 2.11 percent.

The Associated Press Feb. 18, 2015 9:38 AM EST

 
 

News Sources

  • ABC
  • Access Hollywood
  • Associated Press
  • BBC
  • Bloomberg
  • Boston Globe
  • C-SPAN
  • CBS
  • Chicago Sun-Times
  • Christian Science Monitor
  • Center for Public Integrity
  • CNN
  • Congressional Quarterly
  • Democracy Now!
  • Digg
  • E! Online
  • Entertainment Weekly
  • Financial Times
  • Forbes
  • Foreign Policy
  • Fortune
  • Front Street Magazine

  • U.S. News, World News
  • Business, Politics
  • Entertainment, Sports
  • Art, Lifestyle
  • Videos And More
  • News Sources

  • Fox News
  • Google News
  • Guardian
  • Huffington Post
  • Independent
  • LA Weekly
  • Los Angeles Times
  • McClatchy
  • Mother Jones
  • National Journal
  • NBC New
  • New York Post
  • New York Times
  • Newsweek
  • Newsy
  • NPR
  • PBS NewsHour
  • People
  • Politico
  • Reuters
  • TPM
  • Washington Post
  • Thanks For Your Support!

     

    Copyright © 2024 Front Street. All Rights Reserved.

    Skip to toolbar