Oil, Banks Steal 63 From Dow
By Harry Kimball,  Newser Staff
Posted May 15, 2009 3:13 PM CDT
A trader watches the numbers as he works on the floor of the New York Stock Exchange.   (AP Photo)
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(Newser) – Markets were off today on falling oil prices and a poor showing from the financial industry, the Wall Street Journal reports. The S&P energy index fell 2.4% and Bank of America, Pfizer, and Wal-Mart also saw declines. General Motors, whose low share price no longer significantly affects markets, was off 4%. The Dow was down 62.68, to 8,268.64. The S&P 500 slumped 10.19, to 882.88. And the Nasdaq finished down 9.07 at 1,680.14.