Oil, housing could be what drives Wednesday’s markets

  Workers line up pipe while drilling for oil in the Bakken shale formation outside Watford City, N.D. Falling oil prices could become a factor for stocks if crude cracks $40 per barrel. Oil will be a focus in the markets again Wednesday, with U.S. oil inventory data expected at 10:30 a.m. ET. Oil crossedRead More

Stock market closes lower as oil slips into bear-market territory

U.S. stocks finished lower Tuesday as investors dumped energy shares after crude-oil prices sank into bear-market territory. The S&P 500 SPX, -0.67%  dropped 16.43 points, or 0.7%, to close at 2,437.03, with nine of the 11 main sectors trading lower. The energy sector was down 1.3%, topping the losers. Crude oil CLN7, -1.95% sank toRead More