Wednesday, 28 January 2015

S&P 500 Turns Negative as Crude Oil Steals Earnings Focus

NEW YORK (TheStreet) -- The S&P 500 turned negative midmorning Wednesday as energy stocks sold off after crude oil futures plummeted. A refocus on commodities stole focus from better-than-expected earnings for Apple (AAPL - Get Report) and Yahoo! (YHOO - Get Report) that propped up markets earlier.
The S&P 500 slid 0.2%, down from gains of more than 0.5% earlier. The Dow Jones Industrial Average was flat, and the Nasdaq jumped 0.46%. 
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