Crude Oil Prices Fall Sharply: Very Good news for the Indian Construction and Media Sectors
NEW YORK (Reuters) - The S&P 500 and Nasdaq fell more than 1 percent
in afternoon trading on Wednesday, with energy among the sectors
leading declines on the S&P 500 as oil prices fell sharply.
Shares of Chevron (CVX.N) were down 1.1 percent at $117.72.
The losses put the S&P 500 on track for its biggest daily percentage loss since February 25.
The Dow Jones industrial average (.DJI) was down 102.16 points, or 0.70 percent, at 14,559.85. The Standard & Poor's 500 Index (.SPX) was down 16.46 points, or 1.05 percent, at 1,553.79. The Nasdaq Composite Index (.IXIC) was down 38.64 points, or 1.19 percent, at 3,216.22.
Shares of Chevron (CVX.N) were down 1.1 percent at $117.72.
The losses put the S&P 500 on track for its biggest daily percentage loss since February 25.
The Dow Jones industrial average (.DJI) was down 102.16 points, or 0.70 percent, at 14,559.85. The Standard & Poor's 500 Index (.SPX) was down 16.46 points, or 1.05 percent, at 1,553.79. The Nasdaq Composite Index (.IXIC) was down 38.64 points, or 1.19 percent, at 3,216.22.
Courtesy: Yahoo.com
