Another day, another energy slump. While you were sleeping, Asian markets fell again thanks to Saudi Arabia admitting the idea of oil production cuts in the future are pretty much a complete lie. With Wednesday off to another brutal start, let’s tackle your top stock market news, stocks to watch, and economic calendar for Feb. 24, 2016.
Dow Futures Today
Dow Jones Industrial Average futures forecasted a 135-point decline as oil prices slumped again and traders raised renewed concerns about the health of the global economy. Asian markets and European markets dragged again thanks to falling trade data.
Here’s a breakdown of why the Dow Jones is slumping and what you need to watch later today.