** S&P 500 energy sector down 0.57%, as crude prices tumble
** Brent crude down 2.7% at $87.59/bbl and US West Texas Intermediate crude falls 2.7% to $83.06/bbl as U.S. commercial inventories rise and weaker China economic data as well as diminished prospects of U.S. interest rate cuts stoke global demand worries
** Oil major Exxon Mobil down ~0.5%
** Diamondback Energy , Marathon Oil , ConocoPhillips and Occidental Petroleum fall between 0.5% and 1%, among top pct losers on the energy index
(Reporting by Kabir Dweit)
((Kabir.Dweit@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments