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Global stocks fall as oil decline resumes

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US stocks closed sharply lower on Monday as oil prices resumed the decline after Friday’s rebound. The dollar weakened, live dollar index data indicate the ICE US Dollar Index, a measure of the dollar’s value against a basket of six major currencies, was down 0.2% to 99.369. The Dow Jones Industrial Average ended 1.3% lower at 15885.22. Caterpillar was the worst performer among the Dow components, falling 5%. The S&P 500 lost 1.6% with all 10 main finishing in the red led by energy and

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