Oil
Photo: Spencer Platt/Getty Images
Traders working in the energy options pit on the floor of the New York Mercantile Exchange on Friday in New York City.
Dow Slides 394 Points; Oil Surges $10.75
All 30 of the stocks that make up the Dow Jones industrials took a hit as the index dropped nearly 400 points on fears that high energy prices will extend and deepen an economic slowdown.
Traders working in the energy options pit on the floor of the New York Mercantile Exchange on Friday in New York City.
Dow Slides 394 Points; Oil Surges $10.75
All 30 of the stocks that make up the Dow Jones industrials took a hit as the index dropped nearly 400 points on fears that high energy prices will extend and deepen an economic slowdown.
“The market is meeting its worst fears right now,” said Quincy Krosby, chief investment strategist at the Hartford, a financial services firm.
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