Monday, 28 December 2015

US MARKET NEWS 29 DECEMBER 2015

The S&P 500 energy sector lost 1.79 percent, easily the poorest performer as a 3 percent drop in oil prices led investors to unload shares of Exxon Mobil, down 0.73 percent, and Chevron, which fell 1.84 percent.
US stock indexes have closely tracked crude prices in the past several weeks.
 Following the US Federal Reserve's first rate hike in almost a decade this month, the S&P 500 is marginally lower for the year and the Dow Jones industrial average is almost 2 percent weaker, disappointing investors hoping for a last-minute rally.

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