Energy sector off more than 3%, biggest S&P 500 loser

The energy sector topped the S&P 500 losers on Tuesday, dragging on the large cap index as crude-oil prices slumped in the wake of weak data out of China. All energy stocks in the S&P 500 were in the red with Noble Energy Inc. and Ensco Plc among notable decliners. October West Texas Intermediate crude dropped $2.79, or 5.7%, to $46.43 a barrel on the New York Mercantile Exchange. The S&P 500 slid 1.7% to 1,938.71 as of mid-day.

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From:: Stock Market News

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