WallStreet slips; banks fall with prospect of rate cut, energy drops

The #DowJones Industrial Average fell 43.68 points, or 0.17%, to 26,004.83, the S&P 500 lost 5.88 points, or 0.20%, to 2,879.84 and the Nasdaq Composite dropped 29.85 points, or 0.38%, to 7,792.72.

Wall Street ended down slightly on #Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices.
The S&P 500 energy index slid 1.4%, the most among the 11 S&P sectors, as demand worries drove U.S. crude prices down 4%. The day's losses made energy the worst-performing S&P 500 sector for the year-to-date.


For more information and best STOCK TIPS Call us ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+

Follow @Epic_Research