One of the Worst U.S. Stock Market Days of 2014
Today marks one of the worst days of 2014, in regards to the U.S. stock market. The continual decline of gas prices led to the Dow falling 268 points and the S&P 500 losing 1.6%. A gloomy output for oil in 2015 sent crude oil prices plunging once again. OPEC slashed oil production estimates for 2015 due to increasing supplies coming from North America and other rising producers. The Federal Aviation Administration announced today that four companies won approval to begin flying commercial drones. The approvals were granted to Trimble Navigation Limited (TRMB), VDOS Global, Calyco Inc and Woolpert Inc.