CNBC | Is the Link Between Stocks and Oil Breaking Up? Wall Street Journal (blog) The correlation between the S&P and oil futures has been at 0.35 this month through Friday, well below the level of 0.94 for all of 2016 so far, according to WSJ Market Data Group. That's higher than the correlation of negative 0.1 over the past 10 ... Asia stocks drop as oil tumbles; Nikkei off 3.4% after quake Dow industrials close above 18000 for first time in nine months Five Things You Need to Know to Start Your Day |