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Dow Jones: Stocks Fall After Energy Shared Renewed A Selloff

Published 12/11/2014, 01:55 AM
Updated 04/25/2018, 04:40 AM

Dow Jones
U.S. stock fell after energy shares renewed a selloff after OPEC cut its forecast on 2015 demand for crude. The Organization of Petroleum Exporting Countries lowered its projection about 300,000 barrels to 28.9 million a day. The impact of this year’s 40% price collapse on supply and demand remains unclear, OPEC said. The Dow Jones Industrial Average dropped 268 points. The Dow’s retreat was its biggest since Oct. 9.

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