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Started higher than what had the dow on track to the worst start of the new year since 2008. Heres how things looked at the closing bell. Dow fell 130 points after being more than 200. The nasdaq now on a fiveday losing streak down another 60 points today. The s p fell 18 points. Barely holding above the 2,000 mark. In the bond market the yield on the benchmark ten year note fell to 1. 88 before recovering a bit to close at 1. 9 . Oil prices fell again to the lowest level since april of 2009. U. S. Crude was down more than 2 today closing at 47. 93 a barrel and brent was also down 2 bucks closing at 51. 10 a barrel. The recent drop in oil prices is a big reason behind the tumble in the dow transport index, down since the start of the year after a strong 2014. Morgan brennan has more on whats driving the transports lower and whether this is the start of a bigger turn. Reporter 2015 has been a rough ride for transports. Its a sharp contrast to 2014 when the index gained 23 or doubled the ....
Started higher than what had the dow on track to the worst start of the new year since 2008. Heres how things looked at the closing bell. Dow fell 130 points after being more than 200. The nasdaq now on a fiveday losing streak down another 60 points today. The s p fell 18 points. Barely holding above the 2,000 mark. In the bond market the yield on the benchmark ten year note fell to 1. 88 before recovering a bit to close at 1. 9 . Oil prices fell again to the lowest level since april of 2009. U. S. Crude was down more than 2 today closing at 47. 93 a barrel and brent was also down 2 bucks closing at 51. 10 a barrel. The recent drop in oil prices is a big reason behind the tumble in the dow transport index, down since the start of the year after a strong 2014. Morgan brennan has more on whats driving the transports lower and whether this is the start of a bigger turn. Reporter 2015 has been a rough ride for transports. Its a sharp contrast to 2014 when the index gained 23 or doubled the ....
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