Wall Street shares head lower as oil continues slide
Date
1/20/2015 12:41:17 PM
(MENAFN- ProactiveInvestors) Shares on Wall Street went south bucking other global indices as investors surveyed a mixed global economic picture and the oil price continued its slide.
The benchmark Dow Jones was down 83 points at the time of writing to 17421 while the Nasdaq lost 12 points to 4623.
The S&P500 lost six to stand at 2041.
It came as European markets were on the front foot boosted by hopes of the ECB on Thursday announcing new stimulus measures.
Also in the frame was upbeat China GDP figures bolstering global growth hopes.
The oil price continued its now familiar slide with Brent crude at US$48.33 down 1.04% as the IMF cut global growth forecasts.
Meanwhile in London FTSE100 was ahead 29 points at 6615 with silver miner () up 4.22% to 9130p.
Glencore () and () were also ahead.
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