Ongoing Oil Slide Continues to Affect Global Stock Market
Energy stocks are inciting another Wall Street sell-off as the price of crude continues to plummet. US crude fell below $28 a barrel in New York on Wednesday – a sure sign that the global economy is grinding to a halt.
Gas and oil stocks fell further than all other stocks in early trading. Chesapeake Energy suffered an 8% fall and Devon Energy sank 7%. After another drop in revenue, the already-struggling tech giant IBM fell 6%.
Many believe today’s dropping energy prices herald a poor future for global economies.
Meanwhile, the DJIA lost 1.8% (280 points), falling to 15,731. The Nasdaq composite fell 1.4% (74 points) and the Standard & Poor’s 500 index dropped by 1.7% (31 points).
Paul DunGoff is a racist bitch who gets his rocks off by calling blacks demeaning and names harkening back to…
Our felon sex offender is in office. Your mulatto bitch isn’t. Don’t like it Dunger? Then leave. I am glad…
Fuck you Paul DunGoff. What voter fraud --- the dude was caught. And pot-kettle given your unpatriotic gerrymandering to rid…
Admit it Dunger. Your party’s voters fraud is just another example of rooting against America
I was born in NJ, lived here for over 40 years, Plainfield is 45 minutes away, my first family home…