Monday 21 December 2015

Wall St slides on lower crude prices, stock options expiry

US stocks closed lower on Friday for the second straight day, as concerns, ranging from a decline in crude oil prices to the global response to the Federal Reserve's interest hike, weighed down the market. 

The expiration of stock and index options contracts added volatility in a heavy trading volume day. 

The S&P and Dow had their worst two-day performance since Sept. 1, while indexes posted losses for the week.

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