Tue, Jan 28, 2020
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Listings/IPO/Stock Market, Market Moves more

Wall Street drops as commodities weigh

Posted on 23 September 2015

US stocks dropped on Tuesday as a selloff in commodities dragged down materials shares and Volkswagen suppliers’ shares dropped following the German carmaker’s emissions scandal. S&P materials, down 1.8 per cent, led the decline for the S&P 500, but the selloff was broad-based, with all 10 major sectors lower.
More worries about slower growth in China pushed commodities to two-week lows, with copper prices and industrial metals leading losses. US crude oil also settled lower. Shares of Volkswagen suppliers BorgWarner, Honeywell and Delphi Automotive fell after the German carmaker admitted to cheating on vehicle emission tests………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 48800 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2020
S M T W T F S
« Nov    
 1234
567891011
12131415161718
19202122232425
262728293031