Oil Prices Drop Dragging On S&P 500

Credit: Wochit Business
Published on February 21, 2019 - Duration: 00:48s

Oil Prices Drop Dragging On S&P 500

According to Reuters, US stocks are trading slightly lower heading into the week's end.

By the afternoon on Feb.

21st, the top three markets on the New York Stock Exchange lost their gains from a day before.

The Dow Jones Industrial Average retreated about 64-points, falling to 25,891, while the Nasdaq Composite shed 34-points.

The S&P 500 was down almost 12-points, with eight of its top eleven sectors trading lower.

Energy stocks led losses for the S&P after oil prices eased from a yearly high.

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