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Morning slide for oil takes stocks lower

Aug. 30, 2016 11:55 AM ETXLE, USOBy: Stephen Alpher, SA News Editor3 Comments
  • WTI crude oil has tumbled more than $1 per barrel since about 10 ET, now off 1.3% on the session at $46.38.
  • The move has taken the gas out of an early rally in energy names (NYSEARCA:XLE), and helped bring the S&P 500 modestly into the red for the day.
  • USO -1.1%

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