The Traderszone Network

Published in TZ Latest News 17 October, 2016 by The TZ Newswire Staff

Why LendingClub, DHI Group, and Opus Bank Slumped Today

Stocks gave up ground on Monday, with the Dow falling 52 points and other major market benchmarks making similar declines on a percentage basis. Many market commentators pointed to falling oil prices as one of the culprits for the downbeat day, as crude dropped below $50 per barrel to raise new concerns that the recent rebound for the energy sector could prove short-lived. Earnings-related news helped bolster some stocks, but others fell prey to downward pressure and economic uncertainty.

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