Oil nearly tripped up the market

bull oil

Earlier this month, the bull market briefly slipped on the mess created by plunging oil prices. Crude oil traded above $100 in June. Now it's hovering around $55.

Spooked that the oil meltdown was driven by depressed demand, the S&P 500 dropped 5% between December 5 and December 16 before rebounding sharply.

First published December 31, 2014: 4:47 PM ET

Partner Offers

Most Popular