Tue Feb 23, 2016/Reuters By Abhiram Nandakumar Wall Street slipped on Tuesday, in tandem with a renewed slide in oil prices, as yet another rally failed to take off in what has been a turbulent year so far for markets. Saudi Oil Minister Ali Al-Naimi told global energy executives on […]
Tag: S&P 500
Wall St. falls with oil; CPI data stokes rate hike talk
Fri Feb 19, 2016/Reuters By Abhiram Nandakumar The Dow and S&P 500 slipped on Friday morning as a renewed slide in oil prices weighed on energy and materials stocks and prospects of a rate hike this year were rekindled by data pointing to firmer inflation trends. The Nasdaq was little […]
Wall Street falls, snapping three-day rally; Wal-Mart weighs
Thu Feb 18, 2016/Reuters By Lewis Krauskopf Wall Street closed lower on Thursday, ending a three-day winning streak, as Wal-Mart shares dragged on the market after a lackluster earnings report and oil prices pulled back. Eight of the 10 major S&P sectors finished negative, led by a 0.9 percent decline […]
