Tag: union

Stocks Fall Sharply After Oil Hits $130 a Barrel
Stocks Fall Sharply After Oil Hits $130 a Barrel

The Dow Jones Industrial Average dropped more than 700 points, putting the blue-chip gauge on track to enter a correction, as surging oil prices deepened concerns about economic growth. The Dow industrials were recently down 2.1%, or about 713 points, following four consecutive weeks of losses. At that level they would close in a correction, […]

Stocks Open Lower After Oil Hits $130 a Barrel
Stocks Open Lower After Oil Hits $130 a Barrel

US stocks and global equity indexes dropped as the threat of a potential ban on Russian oil imports spurred a surge in energy prices that investors worry could smother economic growth, especially in Europe. The Dow Jones Industrial Average and S&P 500 declined between 0.2% and 0.4% in early Monday trading. The Nasdaq Composite Index […]

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