DJIA Today, Dec. 15, 2014: The Dow Jones fell another 100 points Monday as oil prices continued to slump. The market swung wildly in today's session before settling lower. The S&P 500 Volatility Index (VIX), the market's fear gauge, dropped 2.94% on the day.
Today's Scorecard:
Dow Jones: 17,180.84, -99.99, -0.58%
S&P 500: 1,989.63, -12.70, -0.63%
Nasdaq: 4,605.16, -48.44, -1.04%
What Moved the Markets Today: The markets slid Monday as oil prices slumped to new five-year lows this afternoon. U.S. crude futures for January delivery slipped more than 3.8% to hit $55.58. Brent crude, priced in London, slipped nearly 2% to settle at $60.64 on news that OPEC remains committed to maintaining current production levels. Meanwhile, U.S. manufacturing output hit its highest levels in nine months in November. Production keeps expanding, a sign that the economy is still growing. U.S. factory production increased 1.1% in November.
Now check out the day's most important market notes:
Now our experts share some of the most important investment moves to make based on today's market trading - for Money Morning Members only: