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Dow Jones Today Slips Away from 18,000 in Triple-Digit Plunge
The Dow Jones today plummeted more than 100 points after oil prices crashed to a new five-year low. The markets saw their worst one-day performance since October.
Crude prices slipped more than 4% on the day after Morgan Stanley (NYSE: MS) slashed its oil forecast through 2018. The investment bank said it expects oil prices to hit a new low in the second quarter of 2015.
The Dow Jones today plummeted more than 100 points after oil prices crashed to a new five-year low. The markets saw their worst one-day performance since October.
Crude prices slipped more than 4% on the day after Morgan Stanley (NYSE: MS) slashed its oil forecast through 2018. The investment bank said it expects oil prices to hit a new low in the second quarter of 2015.