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Crude Oil Prices Pressure Energy Sector and the S&P 500

Gordon Kristopher
Crude Oil Prices Pressure Energy Sector and the S&P 500

The S&P 500 fell ~0.2% to 2,721.3 on May 25 due to lower crude oil prices dragging down energy stocks. Six of the ten key sectors in the S&P 500 fell on May 25, and the SPDR S&P 500 ETF (SPY) fell ~0.2% to $272.20.