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Saw their shadows, got spooked and sold, a lot, as in practically everything. Banks, no, consumer stocks, out of here . Every sector in the s p 500 except utilities ended the day lower. Gx gx was the biggest drag on the dow, contributing 55 points to the indexs loss. Lets take a look at the numbers, shall we . The Dow Jones Industrial average fell 296 points, 1. 8 , its worst day in more than two weeks. Nasdaq dropped 103 points or 2. 25 and the s p 500 fell 36. One of the catalysts, oil. All 5. 5 of oil finishing below 30 a barrel. And the results from two Oil Majors Show just how much pain there is in the energy sector. Exxonmobils earnings were cut in half. Its fifth straight quarterly profit decline, while bp reported its worst annual loss in decades. Exxonmobil saw more than 2 , bp dropped 8. Morgan brennan has the ugly details. Reporter exxonmobil and bp the latest to report steep earnings drops, as Oil Stays Lower for longer. Shares of bp sank after the British Oil Major reporte
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