Street Wire: BP Stock Among Biggest Losers on NYSE Monday

BP (BP) stock plunged more than 8% at one point in mid-morning trading, making it among the biggest losers listed on the New York Stock Exchange (NYX) Monday. The drop in BP's stock erased another $8 billion in market capitalization amid reports BP will suspend its dividend and set up an escrow account to pay for clean up and damages from the Gulf oil spill.
Read Full Story

Markets

NASDAQ 6,862.32 -12.76 -0.19%
S&P 500 2,664.11 4.12 0.15%
DJIA 24,504.80 118.77 0.49%
NIKKEI 225 22,758.07 -108.10 -0.47%
HANG SENG 29,222.10 428.22 1.49%
DAX 13,162.66 -20.87 -0.16%
USD (per EUR) 1.17 0.00 0.05%
USD (per CHF) 0.99 0.00 0.04%
JPY (per USD) 113.41 -0.13 -0.12%
GBP (per USD) 1.33 0.00 0.22%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.