Oil is THE story in the early days of 2016. A barrel of U.S. crude briefly dipped below 30 bucks a barrel for the first time since 2003. That matters to both Wall Street and Main Street.
The sell-off that has engulfed global stock markets early in 2016 intensified Wednesday, with oil breaking below $28 a barrel for the first time since 2003, the Dow plunging almost 300 points at the open, Japanese stocks skidding into bear market territory and European shares shedding 3%.
19:38 Tesla plunges another 5 percent on fears of Model 3 delays14
19:38 James Cameron Pays Tribute to Close Friend Bill Paxton: "Bill Leaves Such a Void"16
01:49 Record-setting stock rally faces test in Trump speech12
17:21 Stocks mixed after Treasury Secretary points to significant tax reform; industrials lag24