Fox News | Cheap Oil, Good for Consumers, Is Slamming Stocks. Why? ABC News Stocks are having their worst start to a year in history in part because of a rapid plunge in the price of oil. The price of crude is down 28 percent this year already, which in turn has dragged down energy company shares in the Standard & Poor's 500 ... Dow plunges, recovers more than half its losses as crude oil sinks to 13-year low From horrible to just bad: Dow ends down 249 points Oil in charge, short-term relief coming for stocks? |