The Traderszone Network

Published in TZ Latest News 15 January, 2016 by The TZ Newswire Staff

Wall St. hemorrhages as oil tumbles and China fears deepen

Pain was dealt widely, with the day’s trading volume unusually high and more than a fifth of S&P 500 stocks touching 52-week lows. The major S&P sectors all ended sharply lower. The energy sector dropped 2.87 percent as oil prices fell 6.5 percent, in part due to fears of slow economic growth in China, where major stock indexes also slumped overnight.