Markets Slip On Oil; Petco To Be Bought For $8.7MM

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Markets continued to slide further downward today, driven lower in particular by the drop in oil prices and energy stocks. U.S. crude fell 3.3% to settle at $55.91, hitting fresh 5-1/2 year lows. Both U.S. crude and Brent have fallen nearly 50 percent from highs in June. Today, all major indexes retreated …