Saturday, January 16, 2016

Dow slides 391; Oil And China Drops Rattle Investors

Dow slides 391; Oil And China Drops Rattle Investors

January 16, 2016 Dow slides 391; Oil And China Drops Rattle Investors , 1 Comments


By Adam Shell, Jan 15, 2016 USA Today 

The market storm that has engulfed Wall Street to start 2016 again took aim at stock investors, with the Dow closing down nearly 400 points Friday, as increasingly jittery traders reacted to the latest swoon in oil prices and another big selloff in Chinese stocks.

The massive selloff extended the U.S. stock market's worst start to a year ever to 10 trading sessions. The slide is gaining steam amid raising investor fears of slowing global growth and even steeper losses in markets.

"Today hasn't been an easy one in the markets for the faint of heart," Terry Sandven, chief equity strategist for U.S. Bank Wealth Management, said.

At the closing bell, the Dow Jones industrial average, which at one point was down nearly 537 points, was off 391 points, or 2.4%, to 15,988.08, and back to levels last seen in August.
 
Read More: http://www.usatoday.com

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1 comment:

  1. UnknownJanuary 19, 2016 at 2:05 AM

    This is interesting! At least there's something fun I could watch while learning Chinese . I'm taking a basic course from Preply.com (http://preply.com/en/chinese-by-skype ) by Skype and I was advised by my teacher to watch Chinese-spoken shows. Something like this will definitely be fun to watch. :)

    ReplyDelete

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