Gold, oil rout trips Wall St.

Mar 18 - Wall Street experienced a sharp sell-off one day after posting its best gains in 5 years after a steep slide in commodity prices sent basic material stocks lower.Blue chips tumbled 293 points, a drop of 2.3 percent, to 12,099. The S&P 500 fell 32 points, or 2.4 percent, to 1,298. The Nasdaq fell 58 points, or 2.6 percent, to 2,209. Crude oil dropped $5 to settle at $104.48. Conway Gittens reports from New York.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: ReutersVideo

Length: 01:28
Rating: 5.00
Views: 3318

Tags: bell  business_GF  close  closing  Gold  market  Oil  reuters  

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