Street Wire: BP Stock Among Biggest Losers on NYSE Monday

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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.
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Markets

S&P 500 2,384.20 -4.57 -0.19%
DJIA 20,940.51 -40.82 -0.19%
NASDAQ 6,047.61 -1.33 -0.02%
DAX 12,438.01 -5.78 -0.05%
NIKKEI 225 19,289.39 92.65 0.48%
HANG SENG 24,615.13 -83.35 -0.34%
USD (per EUR) 1.09 0.00 -0.13%
USD (per CHF) 1.00 0.00 0.19%
JPY (per USD) 111.64 0.35 0.31%
GBP (per USD) 1.29 0.00 -0.17%

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