United States  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Stocks skid as oil plunge continues; tech sector also falls

SeattlePI.com Friday, 9 November 2018
NEW YORK (AP) — U.S. stocks are falling Friday as technology and internet companies take steep losses. Energy companies are also lower as crude oil heads for its 10th drop in a row. The price of oil has been falling steadily since early October and is now trading at its lowest price since March, causing steep losses for energy companies in recent weeks. Stocks have fallen over the last two days but are still on track for strong weekly gains. Bond prices rose, sending yields lower. KEEPING SCORE: The S&P 500 index dropped 29 points, or 1.1 percent, to 2,777 as of 12:50 p.m. Eastern time. The Dow Jones Industrial Average fell 220 points, or 0.8 percent, to 25,970. The Nasdaq composite fell 134 points, or 1.8 percent, to 7,396.
0
shares
ShareTweetSavePostSend
 
Credit: Wochit Business - Published < > Embed
News video: Stocks Dip As Fed Keeps Interest Rate Steady

▶ Stocks Dip As Fed Keeps Interest Rate Steady 00:35

Stocks fell lower Thursday, as the Federal Reserve left its benchmark interest rate unchanged. The Dow Jones Industrial Average was mostly flat, and the S&P 500 was down 0.25%. According to Business Insider, US oil benchmark West Texas Intermediate tumbled into a bear market. Disappointing earnings...

You Might Like


Recent related videos from verified sources

Stocks About Flat While Oil Prices Dip [Video]Stocks About Flat While Oil Prices Dip 00:50

According to Reuters, stocks on Wall Street were about flat on the day, with the Dow Jones making marginal gains. But the Nasdaq Composite and the S&P 500 barely bugged. The S&P 500 added about..

Credit: Wochit Business - Published

Tech And Internet Stocks Help Markets Recover Losses [Video]Tech And Internet Stocks Help Markets Recover Losses 00:49

According to Reuters, tech and internet stocks helped Wall Street recover from losses the day before. On the day for Jan. 15th, Netflix shares rose over 6-percent after announcing increased pricing for..

Credit: Wochit Business - Published

Citigroup Quarterly Earnings Report Boosts S&P 500 [Video]Citigroup Quarterly Earnings Report Boosts S&P 500 00:36

According to Reuters, Citigroup gave a boost to the S&P 500, but tech and industrial stocks dragged on the benchmark index. Citigroup announced its fourth-quarter earnings on Jan. 14th, which led to a..

Credit: Wochit Business - Published

Stocks Are Flat Around The World After 4 Day Rally [Video]Stocks Are Flat Around The World After 4 Day Rally 00:49

According to Reuters, MSCI’s all country world index retreated after hitting a month high. But MSCI's global gauge of stocks is down three-hundredths of a percent, leaving the index about flat on the..

Credit: Wochit Business - Published

Wall Street Rally Cruises Into Second Week [Video]Wall Street Rally Cruises Into Second Week 00:53

According to Reuters, stocks on Wall Street are cruising after a late week rally to ring in the new year. By noon on Jan. 7th, the top three markets on the New York Stock Exchange were trading about..

Credit: Wochit Business - Published

In Case you Missed it: Jobs and Fed Calm Stocks, Market Could Sour Real Soon [Video]In Case you Missed it: Jobs and Fed Calm Stocks, Market Could Sour Real Soon 02:04

All three major U.S. indices ended Friday solidly higher after the December jobs numbers came out. The Dow Jones Industrial Average rose more than 700 points. The S&P 500 rose more than 80 points,..

Credit: The Street - Published

Wall Street Outlines Retail Stock Resolutions for 2019 [Video]Wall Street Outlines Retail Stock Resolutions for 2019 03:13

The retail sector's rough ride into the close of 2018 could provide a buying opportunity for investors seeking new ideas in the new year. Jefferies analyst Randall Korik noted that a still strong..

Credit: The Street - Published

Tech Stocks Had Brutal 2018 [Video]Tech Stocks Had Brutal 2018 00:48

2018 has been a rough year for tech investors. The sector got hit especially hard during the sell-off that occurred over the final few months of the year. Big US tech names, including the FAANG stocks,..

Credit: Wochit - Published


Tweets about this


Other recent news in Business

'Uncertainty is not good for anyone': America's biggest companies are starting to reveal the impact of the GOVERNMENT SHUTDOWNCompanies are fleeing the UK as BREXIT looms — and their actions paint a grim picture for the nation
Uber’s CEO says ‘the most needy’ FURLOUGHED government workers are starting to drive for the company, but that this isn't how it wants to recruitSouthwest Airlines CEO 'disappointed' government shutdown is delaying Hawaii FLIGHTS
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest