Saturday, Jul 30, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Stock Market

Stocks fall the most in two months as a weak start to 2014 drags on; Energy sector slides

NEW YORK — The stock market fell the most in two months today, continuing a weak start to the year.

The energy sector slumped as the price of crude oil declined.

Traders were also worried about more cuts in the Federal Reserve’s stimulus program following remarks from policymaker at the central bank.

The Dow Jones industrial average lost 179 points, or 1.1 percent, to close at 16,257.

The Standard & Poor’s 500 index fell 23 points, or 1.3 percent, to 1,819. The Nasdaq composite fell 61 points, or 1.5 percent, to 4,113.

Stocks are getting off to a poor start this year. The Dow is down 2 percent and has risen only twice in 2014.

Consumer discretionary and energy stocks fell the most in the S&P 500 index.

Bond prices rose.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…