Wall Street Stocks, World Oil Prices Plummet

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  • TEMPO.CO, Jakarta - Stocks in the Wall Street stock exchange has plummeted following the drop in Apple stocks and companies in the energy sector on Wednesday, September 9.

    Apple stocks is down by 0.8 percent to $111.44 after the company claimed it will update Apple TV in the App Store and released its product in San Francisco.

    Meanwhile, energy sector stocks led the drop of S&P 500 index to 1.3 percent after world oil prices returned normal.

    Bucky Hellwig of BB&T Wealth Management in Birmingham, Alabama, said the company is facing a great rally yesterday based on the oversold position.

    Dow Jones Industrial Average index fell 140.26 points or 0.85 percent to 16,352.42 points, S&P index is down by 15.82 points or 0.8 percent to 1,953.59 points and Nasdaq index slumpped slumped 28.12 points or 0.58 percent to 4,783.81 points.