30-12-2015 19:01 via rocketnews.com

Retreating crude, Apple drag Wall Street lower

By Abhiram Nandakumar(Reuters) – Wall Street was lower on Wednesday as Brent crude slid back towards the 11-year low it hit last week and Apple weighed on all three major indexes.
Crude oil gave up its gains from Tuesday after forecasts of a short winter in North America and Europe piled pressure on the oversupplied commodity.The S&P 500 energy sector was the most declined among the 10 major sectors, with a 1.03 percent fall. Shares of Exxon were down 0.8 percent at $78.56, while Chevr
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