U.S. stocks down on oil price drop, Fed rate hike fears

뉴욕증시 에너지주 약세 여파…다우 0.21% 하락 마감, 코스피 U.S. stocks finished lower Tuesday on a continued drop in oil prices and as the Federal Reserve kicked off its two-day rate-setting meeting. The Dow Jones Industrial Average finished zero-point-two percent lower at 20-thousand-837, …while the S&P 500 dropped a third-of-a-percent to two-thousand-365. A one-percent fall in the energy sector led the declines, taking a hit from yet another drop in oil prices. Wall Street was also pulled back as investors prepare for another rate hike. Taking a cue from overnight losses on U.S. markets, Korean stocks opened lower on Wednesday morning. The benchmark KOSPI fell zero-point-one percent to 2,131 in the first 15 minutes of trading. It was trading down zero-point-two-eight percent as of 11:50 a.m. Visit ‘Arirang News’ Official Pages Facebook(NEWS):   / newsarirang   Homepage: http://www.arirang.com Facebook:   / arirangtv   Twitter:   / arirangworld   Instagram:   / arirangworld