This article is from the source 'washpo' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.

You can find the current article at its original source at https://www.washingtonpost.com/world/asia_pacific/asia-stocks-flat-as-investors-fret-over-global-economy/2016/02/07/18e5783a-ce1c-11e5-90d3-34c2c42653ac_story.html

The article has changed 14 times. There is an RSS feed of changes available.

Version 4 Version 5
US stocks open lower; energy sector sinks along with oil US stocks open lower; energy sector sinks along with oil
(35 minutes later)
Stocks are opening broadly lower on Wall Street, putting the market on track for its second sizable loss in a row. U.S. stocks moved broadly lower in early trading Monday, putting the market on track for its second sizeable loss in a row. Technology, financial and energy stocks were among the biggest decliners. The slide followed steep drops in Europe. Crude oil prices slumped again.
Energy stocks were among the biggest decliners in early trading Monday as the price of crude oil fell again. KEEPING SCORE: The Dow Jones industrial average fell 309 points, or 1.9 percent, to 15,903 as of 10:09 a.m. Eastern Time. The Standard & Poor’s 500 lost 34 points, or 1.8 percent, to 1,845. The Nasdaq composite dropped 98 points, or 2.3 percent, to 4,264.
Property and casualty insurance company Loews sank 4 percent after reporting earnings that fell far short of analysts’ forecasts. TURBULENT MARKET: Several factors have investors in a selling mood this year, including falling crude oil prices and the economic slowdown in China and elsewhere. Traders will be monitoring several big company earnings this week to see what management teams say about their prospects for future earnings.
The Dow Jones industrial average fell 213 points, or 1.3 percent, to 15,989 as of 9:35 a.m. Eastern time. ROUGH RIDE: Cognizant Technology Solutions was among the biggest decliners in the S&P 500 index. The consulting company lost $3.91, or 6.7 percent, to $54.63.
The Standard & Poor’s 500 index lost 25 points, or 1.3 percent, to 1,854. The Nasdaq composite dropped 81 points, or 1.9 percent, to 4,279. MARKETS OVERSEAS: Among Europe’s main indexes, Germany’s DAX fell 3.1 percent, while France’s CAC 40 dropped 2.8 percent. The FTSE 100 index of leading British shares slid 2.1 percent. In Asia, many markets were closed for the Lunar New Year holidays. Japan’s benchmark Nikkei 225 rose 1.1 percent, while Australia’s S&P/ASX 200 was flat.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.79 percent. ENERGY: Benchmark U.S. crude oil was down 68 cents, or 2.2 percent, to $30.21 a barrel in New York. Brent crude, a benchmark for international oils, was down 54 cents or 1.6 percent, to $33.52 a barrel in London.
BONDS AND CURRENCIES: Bond prices rose. The yield on the 10-year Treasury note fell to 1.77 percent from 1.84 percent late Friday. The euro was down at $1.1129 while the dollar fell to 116.05 yen.
Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.