NEW YORK (AP) -- Stocks ended Wednesday lower, breaking a four-day winning streak, as a drop in the price of oil dragged energy companies lower.<br />
<br />
The energy sector in the Standard & Poor's 500 index sank 1.7 percent, more than twice as much as the rest of the market. Small-company stocks and transportation shares also fell sharply as traders unloaded riskier assets.<br />
<br />
The market started higher, then turned lower at midday as the price of oil fell. Traders have worried about a steady decline in the price of oil as global demand for energy recedes.<br />
<br />
The S&P 500 index fell 14 points, or 0.7 percent, to 1,927 Wednesday.<br />
<br />
The Dow Jones industrial average gave up 153 points, or 0.9 percent, to 16,461. The Nasdaq composite fell 36 points, or 0.8 percent, to 4,382.
http://accesswdun.com/article/2014/10/281026
© Copyright 2015 AccessNorthGa.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.