13-09-2016 22:40 via news.yahoo.com

Drop in oil sends Wall Street sliding

By Noel Randewich (Reuters) - U.S. stocks fell sharply on Tuesday, with energy shares slammed by lower oil prices and financials dropping on diminished prospects of a near-term rate hike. The selloff was broad, with all 10 major S&P 500 sectors in the red and every Dow Jones industrial average component except Apple declining. The energy index's 2.86-percent slide led declines as oil prices tumbled as much as 3 percent after both the IEA and OPEC said the global crude glut would persist. Thr
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