Major U.S. stock-indexes lower on Tuesday, with energy stocks falling on lower oil prices and financials hit by diminished prospects of an interest rate hike in the near term. Oil prices were down more than 2,5% after a report from the International Energy Agency added to concerns about global oversupply. U.S. stocks had racked up their strongest gain in two months on Monday after Federal Reserve Board Governor Lael Brainard stuck to her dovish stance on interest rates and urged caution about removing monetary stimulus too quickly.
Most of Dow stocks in negative area (29 of 30). Top gainer - Apple Inc (AAPL, +2.62%). Top loser - Verizon Communications Inc. (VZ, -2.46%).
All S&P sectors also in negative area. Top gainer - Basic Materials (-3.2%).
At the moment:
Dow 18008.00 -238.00 -1.30%
S&P 500 2120.00 -32.00 -1.49%
Nasdaq 100 4710.25 -53.50 -1.12%
Oil 44.95 -1.34 -2.89%
Gold 1328.10 +2.50 +0.19%
U.S. 10yr 1.69 +0.02