Stock market today, October 15, 2014: U.S. stock markets ended the day flat Tuesday after struggling to rebound, with yet another late sell-off hitting the markets in the final hour. The S&P 500 Index and Nasdaq managed to eke out modest gains, but the Dow Jones slipped another 5 points. The S&P 500 Volatility Index (VIX) dipped 4% on the day.
Last week's stock market correction meant a 464-point plunge in the Dow Jones Industrial Average. We witnessed a continued sell-off in energy stocks and a slump in commodity prices, specifically oil. But as our guest editorialist Frank Holmes explains, the selloff has created you this perfect energy investment opportunity for the road ahead.
Here's what else you should know to make your Wednesday profitable:
Full U.S. Economic Calendar October 15, 2014
Up Next: An unconventional pricing environment for oil had OPEC members battling amongst themselves for market share. It's why the Saudis are cutting oil prices, and why they are gearing up for a potentially costly price war…