Dow Sees Fourth-Worst Day of 2015
A week that started green ends deep in the red on Wall Street.
FOX’s Lisa Brady has the story:
After a Fed driven rally back to back selloffs: The Dow dropping more than 600 points in two days… Friday’s 367-point plunge, a more than 2% drop to 17,128.
Analysts say some volatility was expected because of quadruple-witching… Investors closing out positions as futures and options expired, but that was compounded by ongoing concern about the global economy and global reaction to the fed rate hike…
Plus a continued slide in oil prices to under $35.00 a barrel. At this rate, the Dow could end up with its first losing year since 2008 in the midst of the financial crisis… So much for a Santa rally so far.
Lisa Brady, FOX News.