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11 Dec 2015
US stocks fall sharply as oil weighs
FXStreet (Córdoba) - US stocks fell sharply on Friday and posted its largest daily decline in more than two months pressured by oil prices slump, which scored fresh 6-year lows near $35.00 a barrel.
The Dow Jones Industrial Average lost 310.1 points, or 1.76%, to 17,264. The S&P 500 fell 39.9 points, or 1.94%, to 2,012. The Nasdaq Composite shed 111.7 points, or 2.21%, to 4,933.
Next week, the Federal Reserve will decide on monetary policy, with a rate hike expected for first time in nearly ten years, being the keynote event of the week.
The Dow Jones Industrial Average lost 310.1 points, or 1.76%, to 17,264. The S&P 500 fell 39.9 points, or 1.94%, to 2,012. The Nasdaq Composite shed 111.7 points, or 2.21%, to 4,933.
Next week, the Federal Reserve will decide on monetary policy, with a rate hike expected for first time in nearly ten years, being the keynote event of the week.