Major U.S. stock-indexes sank on Friday morning, with the Nasdaq hitting its lowest since Aug 24 and the Dow briefly dropping below 16000, as oil prices dived to less than $30 per barrel. Brent crude prices, which have fallen 20% this year, were down nearly 5% as the market braced for oil from Iran to flood an already oversupplied market. U.S. retail sales unexpectedly fell 0.1% in December, while industrial output declined for the third straight month in December, underscoring a worsening outlook for fourth-quarter economic growth.
Almost all of Dow stocks in negative area (29 of 30). Top looser - Intel Corporation (INTC, -9,14%). Top gainer - The Home Depot, Inc. (HD, +0.47%).
All of S&P sectors in negative area. Top looser - Basic Materials (-4,2%).
At the moment:
Dow 15898.00 -383.00 -2.35%
S&P 500 1867.75 -46.75 -2.44%
Nasdaq 100 4122.50 -135.00 -3.17%
Crude Oil 30.56 -1.55 -4.83%
Gold 1089.00 +15.40 +1.43%
U.S. 10yr 2.08 +0.02