News Artcle

Stock slide quickens, oil plunges below $30

Published January 15, 2016

Energy and financial companies led a broad tumble for U.S. stocks in afternoon trading Friday as the slump in the price of oil deepened, pulling crude below $30 a barrel. The Dow Jones industrial average was down more than 400 points as the market headed for its worst first two weeks of a year ever. KEEPING SCORE: The Dow Jones industrial average slid 456 points, or 2.8 percent, to 15,922 as of 11:01 a.m. Mountain time. The Standard & Poor’s 500 index fell 56 points, or 3 percent, to 1,865. The ...

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