Oil Sector a Bright Spot as Major Indices Fall

Stocks slumped overall, but certain sectors of the market posted solid gains, notably oil and oil service stocks, which rallied as crude oil prices surged.

Major Indices INDEX CHANGE % VALUE Dow 51.06 -0.5% 9879.41 S&P 500 8.56 -0.7% 1297.82 Nasdaq 10.28 -0.4% 2428.99 Russell 2000 0.75 -0.2% 398.42 TSC Internet 4.28 +0.7% 608.93 TSC E-Commerce 0.18 +0.2% 109.71 TREASURY BOND CHANGE VALUE YIELD 30-Year 16/32 96 8/32 5.507%

The Dow Jones Industrial Average gave up 51.06, or 0.5%, to 9879.41. The S&P 500 slipped 8.56, or 0.7%, to 1297.82. The Nasdaq Composite Index fell 10.28, or 0.4%, to 2428.99. The Russell 2000, meanwhile, dropped 0.75, or 0.2%, to 398.42. ...