Dow Jones Today Sheds 96 Points on This Oil Price News
January 12, 2015 at 16:50 PM EST
The Dow Jones today plunged 96 points after crude oil prices crashed more than 4% this afternoon. With Saudi Arabia unwilling to cut production, oversupply concerns continue to cripple the price of oil. The CBOE Volatility Index (VIX), the market's fear gauge, was up more than 11% on the day. The post Dow Jones Today Sheds 96 Points on This Oil Price News appeared first on Money Morning - Only the News You Can Profit From .