EKONOMI PETANG INI

HARGA MINYAK 

MENTAH JATUH

dow jones indek

ialah index bursa saham

yang diterbitkan oleh

wall street journal

nasdaq ialah bursa saham amerika

untuk membuat pelaburan

ianya kedua terbesar di dunia

s & p 500 ialah bursa saham

amerika yang berasaskan

modal dan pelaburan

500 syarikat di amerika

Dow falls to new low as oil plunges to $27 a barrel

The Dow Jones Industrial Average dropped 550 points before a surge in buying recovered over half of those losses, ending in a 1.56 percent loss. Meanwhile, oil prices fell to a low not seen since May 2003, with US crude dipping to $27 per barrel. 

From an opening of 15,989.45, the Dow never went higher, then closed at 15,766.74, down some 223 points after rallying back from a low of 15,450.

The S&P 500 lost 14 points (0.7 percent) to end at 1,867 after recovering from its lowest level, 1,812.22, since February 2014. The worst performing sector during the day was the energy industry, which fell 4.4 percent, meaning a loss of 14.7 percent since the start of 2016.

The Nasdaq closed at 4,471.69, a drop of just 0.1 percent, after beating back a 145-point loss during the day to end up down just 5.26 points.

The early sell-offs were triggered by record-low oil prices dropping by a further 4 percent, sinking below $27 per barrel, its lowest price since September 2003. Crude oil has become so cheap after the lifting of UN sanctions against Iran because investors expect Iran's oil exports to add to the current supply glut.-


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