U.S. Stocks Sink as Oil Rout Deepens With Emerging-Asset Selloff

Updated on
  • S&P 500 has worst week since August as commodities tumble
  • High-yield ETF plunges as outlook for energy producers worsens

Oil Prices Continue to Slide, Here's Why

Global financial markets turned gloomy as the prospects for a Federal Reserve interest-rate increase next week and a drop in oil helped spark a selloff in riskier assets, from equities to commodities to high-yield debt.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.