Market Watch: Wall Street Eyes Oil Prices


U.S. stocks were even on Tuesday, as investors kept a wary eye on oil prices that continued their July plummet on the first day of August.

Throughout the month of July, oil prices fell 21%. They added another 4% to that drop before stabilizing this morning. Oil is currently trading around $46 a barrel.

Elsewhere, investors showed concern over a 3% drop in shares of Apple—the single stock most experts believe affects the market more than any other.

June factory orders showed an increase of 1.8%, another piece of data in a busy week for numbers. The highlight will come on Friday, when the July labor report is released.

Here are the final numbers from Tuesday on Wall Street:

Dow Jones Industrial Average: 17,550.69 (-47.51)

NASDAQ: 5,105.55 (-9.84)

S&P 500: 2,093.32 (-4.72)

Phil Cannella
Partnered with CBS Radio Network, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella


Phil Cannella a revolutionary thinker. Phil Cannella's cause is the Phil Cannella Crash Proof Retirement system. Phil Cannella has worked for decades.
Get the truth on how Wall Sts stacked against you, on The @CrashProofShow Sat at 10 AM on @1290wjno in FL, and 11 AM on @TalkRadio1210 in PA - 1 year ago
Phil Cannella

Leave a Reply

Your email address will not be published. Required fields are marked *