US stocks closed lower on Tuesday as General Electric plunged sharply for the second day in a row, as falling oil prices suppressed energy stocks.
GE (NYSE: GE) fell 5.9% to $ 17.90. Today's trading volume hit its highest level in two years. Pursuant to investor confusion, whether large-scale rectification by Chairman and CEO Flannery is enough to make the company Revive the glory.
The stock hit the lowest in nearly six years, 17.46 US dollars.
Energy stocks were the biggest losers among the 11 major S & P 500 indexes as oil prices recorded their biggest one-day drop in a month. International Energy Agency (IEA) expects the United States to continuously increase crude oil production, and cut the global demand growth forecast this year and next.
Exxon Mobil (XOM.N) dropped 0.8%, ConocoPhillips (COP.N) plunged 2.5%, and S & P 500 Energy shares ended 1.5% lower, the largest one-day drop in more than four months .
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