seattlepi.com | Midday Report: Wall St. Slumps as Oil Prices Slide New York Times Energy stocks fell in tandem with oil and gas prices, and the energy component of the S.&P. 500 lost 2.5 percent. Southwestern Energy shares declined 4 percent, Transocean shares dropped 5.9 percent and Chesapeake Energy stock dropped 6 percent. Oil and Gas Companies Lead the Stock Market Lower at Midday |