Dow plunges as oil dips below $50, sinking energy stocks
Dow plunges
New York - SPA
Another plunge in the price of oil is driving stocks sharply lower in afternoon trading.
Energy stocks slumped as the price of crude briefly dipped below $50 a barrel, AP reported.
The Dow was down 295 points, or 1.7 percent, to 17,539 as of 12:43 a.m. Eastern time. It was down as much as 315 earlier.
The Standard & Poor's 500 index fell 33 points, or 1.6 percent, to 2,024. The Nasdaq composite fell 56 points, or 1.2 percent, to 4,671.
Energy companies had the worst declines in the S&P 500 index. Denbury Resources and Noble Energy each lost 9 percent.
The euro sank to a nine-year low as traders worried about whether Greece will stay in Europe's currency union.
GMT 12:01 2018 Tuesday ,23 January
Bahrain Bourse daily trading performanceGMT 19:16 2018 Monday ,22 January
TRA responds to hoax Dh5,000 VPN fine SMSGMT 13:09 2018 Sunday ,21 January
Bahrain Bourse daily trading performanceGMT 13:50 2018 Friday ,19 January
US SEC says bitcoin funds raise ‘investor protection issues’GMT 06:50 2018 Friday ,19 January
European stocks mostly advance on bright global outlookGMT 09:12 2018 Thursday ,18 January
European stock markets join global downtrendGMT 17:06 2018 Wednesday ,17 January
China temporarily waives taxes to get foreign firms to stayGMT 17:01 2018 Wednesday ,17 January
JPMorgan Chase earnings drop on weak trading, tax items
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 10:18 2016 Wednesday ,23 March
cartoon seven
GMT 16:17 2018 Thursday ,30 August
Five Saudi women pilots granted GACA licences
GMT 05:06 2024 Tuesday ,06 February
New hunt for flight MH370 gets under way
GMT 14:47 2015 Tuesday ,06 October
Symphony Orchestra of India makes debut appearance
GMT 18:56 2017 Saturday ,04 March
China to launch space station core module in 2018
GMT 09:29 2017 Thursday ,30 November
Palestinian unity deal in doubt as key deadline nears
GMT 12:06 2015 Sunday ,19 April
Climbing high in the occupied West Bank
GMT 12:30 2016 Monday ,19 December
Blasters ablaze, "Rogue One" dominates box offices
GMT 14:53 2016 Saturday ,24 September
Beijing offers more 'green' options for commuters
GMT 23:58 2016 Friday ,10 June
Kenya to build electric fence to reduce human-wildlife conflict
GMT 16:11 2017 Wednesday ,15 November
In Morocco, a blue tourist town
GMT 08:45 2017 Tuesday ,05 December
Yemenis express anger after the killing of former president
GMT 08:03 2017 Sunday ,01 October
Iraq cuts Kurdistan air links
GMT 11:00 2016 Wednesday ,24 August
Blatter in last fight against FIFA ban
GMT 22:29 2016 Wednesday ,13 April
A brief history of underwear exposed at London's V&A
GMT 18:48 2014 Friday ,30 May
Venezuela to repay $2bn of debt to local importers
GMT 21:58 2017 Sunday ,05 November
Final countdown for 'A Day without Service Centres'GMT 00:55 2011 Tuesday ,08 March
iPlayer app to cost less than $10 a month
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor