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S&P 500 slides into ‘correction’ for second time this year

Energy companies led the market Slide as the price of U.S. crude oil tumbled to its lowest level in more than a year, reflecting worries among traders that a slowing global economy could hurt demand for oil.

“Oil is really falling sharply, continuing its downward descent, and that appears to be giving investors a lot of concern that there’s slowing global growth,” said Jeff Kravetz, regional investment director at U.S.

Continue reading S&P 500 slides into ‘correction’ for second time this year at STL.News.



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S&P 500 slides into ‘correction’ for second time this year

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