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Wall Street - Energy drags market lower as crude sinks

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Reuters NEW YORK

By Caroline Valetkevitch

NEW YORK (Reuters) - U.S. stocks dropped more than 1 percent on Wednesday as the energy sector resumed its recent slide along with crude oil prices and added to global growth worries.

The Dow Jones industrial average fell 268.05 points, or 1.51 percent, to 17,533.15, the S&P 500 lost 33.66 points, or 1.63 percent, to 2,026.16 and the Nasdaq Composite dropped 82.44 points, or 1.73 percent, to 4,684.03.

It was the largest daily percentage drop on the S&P 500 since Oct. 13.

(Reporting by Rodrigo Campos; Editing by Nick Zieminski)

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First Published: Dec 11 2014 | 2:40 AM IST

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