Falling Oil Prices Drag Markets Lower

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks closed mostly lower today, primarily driven by falling oil prices and renewed fears of a global economic slowdown. The S&P 500 dropped 0.29%, the Nasdaq fell 0.32%, while the Dow gained 0.10%. Oil prices fell to a three-year low as Saudi Arabia cut prices of crude exported to the U.S. A …

You Can’t Keep A Good Stock Index Down

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving The Markets Well, stocks came roaring back today after a solemn Tuesday. The S&P 500 once again closed in record territoryas the chart above shows. The service sector was a leading gainer, as we received a report that showed U.S. service firms grew more quickly as production, hiring and new orders increased. All are …