Oil pulled the US indices down

US indices dropped yesterday, driven by oil price losses for the fourth consecutive day. This has led to a drop in the shares of energy companies. In addition, investors continue to worry about the lack of presentation of tax reforms.
This has begun to increase speculation whether reforms will meet the analysts' increased expectations.
The fall in oil prices came after the surprise growth in oil and petroleum stocks last week.
Metal prices also fell due to fears about the state of the Chinese economy and the possibility of slowing significantly.
The Dow Jones Industrial Average declined by nearly 95 points and the S&P 500 lost 9.3 points.
The volatility index reached a two-month high at 14.51 points.
Financial shares were among the few profitable, and they are expected to benefit from the potential rise in interest rates next month.