Showing posts with label Crude oil prices slide. Show all posts
Showing posts with label Crude oil prices slide. Show all posts

Crude oil prices slide

Crude oil prices slide, Stocks are closing mostly lower, led by declines in the energy sector as the price of oil resumes a long-term slide.

The dollar rebounded Thursday, a day after plunging against the euro.

Exxon Mobil and Chevron were among the biggest decliners in the Dow Jones industrial average. Each lost about 2 percent.

The Dow welcomed its newest member, Apple, on Thursday. The iPhone maker took the place of AT&T.

The Dow fell 117 points, or 0.7 percent, to 17,959.

The Standard & Poor's 500 index fell 10 points, or 0.5 percent, to 2,089.

The Nasdaq composite edged up nine points, or 0.2 percent, to 4,992.

Crude oil fell $1.12 to $45.53 a barrel in New York.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.98 percent.