
IPFS News Link • Economy - Economics USA
STOCKS TUMBLE, OIL HITS NEW LOW: Here's what you need to know
• http://www.businessinsider.com, Myles UdlandBrent crude oil, the international benchmark fell to a more than 10-year low while West Texas Intermediate crude was closing in on a roughly 7-year low, settling below $34 a barrel.
First, the scoreboard:
Dow: 16,906.5, -252.2, (-1.4%)
S&P 500: 1,990.3, -26.5, (-1.3%)
Nasdaq: 4,835.8, -56.7, (-1.2%)
WTI crude oil: $33.97, -5.5%