X

Dow Ends Day Down 61

Drop in oil price sinks energy stocks
By Newser Editors and Wire Services
Posted Jun 20, 2017 3:16 PM CDT

(Newser) – Another drop in crude oil prices helped bring energy stocks lower, bringing the market back from the record highs it set a day earlier, the AP reports. The price of crude touched its lowest level of the year Tuesday. Transocean sank 4.2% and Marathon Oil lost 3.4%. Retailers also fell. Ross Stores fell 4.8%. The Standard & Poor's 500 index fell 16 points, or 0.7%, to 2,437. The Dow Jones industrial average slipped 61 points, or 0.3%, to 21,467. The Nasdaq fell 50 points, or 0.8%, to 6,188. Small-company stocks fell more than the rest of the market. The Russell 2000 lost 15 points, or 1.1%, to 1,402. (Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.