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Home > "Stocks Fall as Oil Price Slump Hits Energy Sector"

"Stocks Fall as Oil Price Slump Hits Energy Sector" [1]

"A retreat in oil and energy stocks pulled the rest of the U.S. stock market mostly lower Monday.

Campbell Soup declined after the company said its 2015 profits would miss analysts' expectations. Yahoo, which owns a stake in Alibaba, jumped in anticipation of the giant Chinese technology company going public.

The Dow Jones industrial average fell 25.94 points, or 0.2 percent, to 17,111.42. The Standard & Poor's 500 index lost 6.17 points, or 0.3 percent, to 2,001.54 and the Nasdaq composite added 9.39 points, or 0.2 percent, to 4,592.29.

Energy stocks were by far the biggest drag on the market. The energy component of the S&P 500 fell 1.6 percent, compared to the modest 0.3 percent decline in the main index."

Ken Sweet reports for the Associated Press September 28, 2014. [2]

SEE ALSO:

"The Oil Price Puzzle: Prices Are Quick To Rise But Slow To Fall" (Telegraph) [3]

"Stocks Stagnate as Oil Tumbles Below $100" (The Street) [4]

"Crude Oil Falls Below Key Price Levels. Are Gas Prices Next?" (USA TODAY) [5]

"If Oil Prices Stay Low for Long, Putin And Opec Are Headed for Trouble" (Quartz) [6]

"Crude Prices Close at Lowest Level in More Than a Year" (Wall Street Journal) [7]

"Crude Oil Trading Legend Makes His Boldest Bet Yet" (Dallas Morning News) [8]

Economy & Business [9]
Energy & Fuel [10]
International [11]
Public [12]
Source: AP [2], 09/09/2014
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Source URL:https://www.sej.org/headlines/stocks-fall-oil-price-slump-hits-energy-sector

Links
[1] https://www.sej.org/headlines/stocks-fall-oil-price-slump-hits-energy-sector [2] http://abcnews.go.com/Business/wireStory/asian-stocks-meander-mixed-china-trade-data-25338112 [3] http://www.telegraph.co.uk/finance/personalfinance/energy-bills/11044279/The-oil-price-puzzle-prices-are-quick-to-rise-but-slow-to-fall.html [4] http://www.thestreet.com/story/12869966/1/stock-market-today-equities-slip-following-five-weeks-of-gains.html [5] http://www.usatoday.com/story/money/business/2014/09/08/crude-oil-falls-below-key-levels-is-gasoline-next/15299273/ [6] http://qz.com/261661/if-oil-prices-stay-low-for-long-putin-and-opec-are-headed-for-trouble/ [7] https://www.google.com/search?q=Crude+Prices+Close+at+Lowest+Level+in+More+Than+a+Year&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=sb [8] http://www.dallasnews.com/business/energy/20140907-crude-oil-trading-legend-makes-his-boldest-bet-yet.ece [9] https://www.sej.org/category/topics-beat/business [10] https://www.sej.org/category/topics-beat/energy [11] https://www.sej.org/category/region/international [12] https://www.sej.org/taxonomy/term/81