Crude oil sinks, drags stocks lower
Stocks (^DJI, ^GSPC, ^IXIC) are slightly down at the midday mark, with the energy sector (XLE) leading the way down as crude oil slips under $43 per barrel and the health care sector (XLV) still strongly in the green. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Rick Newman, Justine Underhill and Yahoo Finance tech critic David Pogue.
Today’s topics:
Amazon (AMZN) testing ‘try before you buy’ clothing service
Oil leading energy stocks, S&P lower
Health care stocks up as broader market struggles
Why General Motors (GM), Exxon (XOM) and BP (BP) support a carbon tax
Tuesday Tech Watch with David Pogue
Apple Watch detects Afib heart condition
Despite improvement, 24% of adults have no savings for emergency
Jaguar recruits with Gorillaz’s mixed reality app