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Tag Archives: Wednesday

Futures Movers: Brent oil’s 12% skid on Wednesday puts it on pace for lowest levels since around 1999

Oil futures were headed sharply lower early Wednesday as the energy complex faced persistent pressure centered on a dearth of places to put excess oil and a glut of the commodity being pumped by major producers. June Brent crude BRNM20, -11.74%, the international benchmark, was trading down $ 3.09, or …

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Market Extra: The Dow logged its largest reversal in two years on Wednesday — here are 5 reasons the stock market is tanking, and only one of them is the coronavirus

The U.S. stock-market rally has been unraveling, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -0.46% finished lower for a fifth straight day along with the S&P 500 index, …

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