You are here

WALL STREET INSIGHT

Stock prices likely to stay low in next two weeks

It may track the price of energy for the rest of the year; hedge fund manager says weakness in energy, commodity prices could cause deep correction in "risk" assets next year
Monday, December 21, 2015 - 05:50
BT_20151221_RCCOL21RKIP_2031322.jpg
An initial sanguine response to the Federal Reserve policy change has given way to fear about the effects of higher interest rates on oil and other risky areas of the markets.

THE US stock market followed oil prices lower last week - and it looks likely to track the price of energy for the rest of the year.

An initial sanguine response to the Federal Reserve policy change has given way to fear about the effects of higher interest rates on oil and other risky