The Traderszone Network

Published in TZ Latest News 13 January, 2016 by The TZ Newswire Staff

Small Caps Slide Into A Bear Market; Nasdaq Also Falls Hard

Small-cap stocks officially entered a bear market amid a wide-ranging sell-off Wednesday, fueled by the lowest oil prices in a dozen years. Brent crude futures touched below $30 a barrel, accelerating the stock market’s decline. Brent oil marked lows not seen since April 2004 and has now fallen nearly 74% below its June 2014 peak of $114.81 a barrel.

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