Wall Street is down because of the fall in energy sector
S&P 500 Energy Index dropped by 2.8% after stock exchange opened and was dropping during the 6th of 7th sessions. Earlier, American oil WTI prices went down by more than 147.13% to its lowest level in 22 years due to concerns over supply.
Exxon Mobil and Chevron share prices dropped by more than 3%.
All main S&P 500 sub-indexes decreased, while the downfall of Nasdaq was stopped by Amazon.com (NASDAQ:AMZN) and Netflix (NASDAQ:NFLX) as demand for online streaming and home delivery grew.
By 13:15 GMT Dow Jones Industrial Average index dropped by 1% to 23,999.88 points, S&P 500 by 0.67% to 2,855.39 points, and Nasdaq Composite traded without any distinct dynamics at 8,651.81 points.