At 9:15 a.m ET the DOW is -12 and the price of oil per barrel is down. The market is poised to open somewhat lower.
It's simple, the eyes of the world will be watching Comey testify this morning at 10 a.m. ET. What are we talking about here? Essentially we might be witnesses to the most heinous act of treason perpetrated on this country ever. The suspicion and smoke is there.
CNN: Oil slides; Meek stock markets; Vodafone's deal in India by Alanna Petrof
"The rapidly diminishing optimism over the OPEC production cut deal has heavily dented buying sentiment towards oil," said Lukman Otunuga, a research analyst at FXTM.