Reports that OPEC is willing to countries outside the cartel to discuss a production cut stelpten losses in the energy sector slightly.
The Dow Jones index ended 1.6 percent lower at 15660.18 points and the S & amp; P 500 lost 1.2 percent to 1829.08 points. The loss for the Nasdaq was limited to 0.4 per cent, the index was 4266.84 points.
President Janet Yellen of the Federal Reserve said Wednesday that the turbulence in financial markets might affect on interest rate policy.
main tariff
the Fed increased in December for the first time in its main rate almost ten years. In September, there still was abandoned because of doubts whether the US economy it was powerful enough to handle an increase.
A low interest rates put pressure on the profitability of banks. Bank of America and Citigroup were losses to 6.8 percent among the strongest performers in the financial sector.
Oil prices
Wall Street Journal reported in a tweet OPEC will discuss a production cut in an attempt to bring the apparent free fall in oil prices to a halt. while the business daily quoted an unnamed minister of the United Arab Emirates. Reports of such negotiations do all longer around, but official announcements is as yet no question.
A barrel of American oil was 1 percent lower at $ 27.19, after earlier a lowest price of $ 26.05 have tapped. The price of Brent oil rose, after a previous decline by 0.9 percent to $ 31.12 a barrel. ExxonMobil closed 0.3 percent higher, while Chevron 0.1 percent stabbing remained in the red. Service provider to the oil and gas industry Halliburton lost 2.7 percent.
Ruling turbulence
The price of gold rose by more than $ 53 to $ 1247.80 per troy ounce (31, 1 gram). The enthusiasm for the precious metal, which is seen as a safe investment, rose by several weeks prevailing turbulence in the equity markets. Bonds are also safety record, but deliver at the low interest rates barely anything on.
The euro traded at 1.1321 dollars, against 1.1363 dollars at the close of European stock markets.
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