It’s a new week, but the same old January jitters remain on Wall Street.
Here are the four things you need to know before the opening bell rings in New York:
1. Oil and stocks resume slide: The price of oil is dropping again, which is putting pressure on U.S. stock futures and European markets. Crude oil futures are falling by about 3% to trade around $31 per barrel.
The latest oil price drop is being blamed on Saudi Arabia’s state-run oil company, Saudi Aramco. The energy heavy hitter reportedly said it was continuing to invest in energy projects despite oversupply in the markets.
