Tuesday At The Open
US sharemarkets fell again on Monday as traders debated how low prices needed to fall to attract fresh buying interest. The energy sector fell the most in line with a lower oil prices. Shares in Wells Fargo fell 9.2% after the Federal Reserve slapped new sanctions on the bank. At the close of trade the Dow Jones was down by 1,175 points or 4.6% after falling by 1,597 points in afternoon trade. The S&P 500 index fell by 4.1%. And the Nasdaq was down by 273 points or 3.8%.