Monday 18 January 2016

INTRADAY TIPS--Wall Street Hemorrhages as oil Tumbles

Wall Street bled on Friday, with the S&P 500 sinking to its lowest since October 2014 as oil prices sank below USD 30 per barrel and fears grew about economic trouble in China. Pain was dealt widely, with the day's trading volume unusually high and more than a fifth of S&P 500 stocks touching 52-week lows. The major S&P sectors all ended sharply lower. The Russell 2000 small-cap index dropped as much as 3.5 percent to its lowest since July 2013.

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