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Cheap oil, good for consumers, is slamming stocks. Why?

2016-01-20 23:10:00| Energy - Topix.net

Stocks are having their worst start to a year in history in part because of a rapid plunge in the price of oil. The price of crude is down 28 percent this year already, which in turn has dragged down energy company shares in the Standard & Poor's 500 index by 13 percent, which has helped pull the overall index down 9 percent.

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Cheap Oil, Good for Consumers, Is Slamming Stocks. Why?

2016-01-20 22:40:12| Oil & Gas - Topix.net

Stocks are having their worst start to a year in history in part because of a rapid plunge in the price of oil. The price of crude is down 28 percent this year already, which in turn has dragged down energy company shares in the Standard & Poor's 500 index by 13 percent, which has helped pull the overall index down 9 percent.

Tags: good why cheap oil

 
 

US stocks hit lowest levels since 2014 as oil prices slump

2016-01-20 18:34:23| Oil & Gas - Topix.net

Another plunge in the price of crude oil sent stocks sharply lower on Wednesday. Energy companies led the way lower with a drop of 4 percent.

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US stocks hit lowest levels since 2014 as oil prices slump

2016-01-20 18:34:22| Oil & Gas - Topix.net

Energy stocks are leading another sell-off on Wall Street as the price of oil continues to plunge. . Trader Robert McQuade, left, and specialist Vincent Surace work on the floor of the New York Stock Exchange, Wednesday, Jan. 20, 2016.

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Global stocks routed

2016-01-20 17:54:35| Energy - Topix.net

Another plunge in the price of crude oil sent stocks sharply lower on Wednesday. Energy companies led the way lower with a drop of 4 percent.

Tags: global stocks routed global stocks

 

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