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The largest accidental oil spill in history began in the Gulf of Mexico on April 20, 2010, after a surge of natural gas blasted through a cement well cap that had recently been installed to seal a well drilled by the Deepwater Horizon oil platform. The gas traveled up the rig’s riser to the platform, where it ignited, killing 11 workers and injuring 17. Gulf War Oil Spill (January 21, 1991): Iraqi forces opened valves at oil terminals, dumped oil from tankers, and destroyed oil wells during the first Gulf War. According to estimates, between 240 and 460 million gallons of oil were spilled. In its own internal report into the Gulf of Mexico oil spill - the first to be published since the disaster - BP spreads the blame for the 11 April explosion and resulting leak. In a 193-page report BP accepts responsibility in part for the disaster, but also blames other companies working on the well.

KBW Nasdaq Capital Markets Index (KSX) The KBW Nasdaq Capital Markets Index is a modified market capitalization weighted index designed to track the performance of companies that conduct business as broker-dealers, asset managers, trust & custody banks, or exchanges that are publicly traded in the U.S. Index compilation, maintenance, About KBW Bank Index. KBW Bank Index Options. This is a modified cap-weighted index consisting of 24 exchange-listed National Market System stocks, representing national money center banks and leading regional institutions. Keefe, Bruyette & Woods (KBW) is a full-service investment bank and broker-dealer specializing in the financial services sector. We operate in North America and Europe, providing institutional investors and financial services companies with research, equity sales and trading, capital raising, and strategic advisory services.

Index funds generally have lower expense ratios than actively managed funds. Vanguard Developed Markets Index Fund has an expense ratio of 0.07 percent. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.

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Steel prices were trading around 3,400 Yuan/MT in March, still under pressure from the effects of the coronavirus outbreak in China, which has clouded the outlook for steel demand since late January. Prices are expected to recover in the second quarter of 2020 amid prospects that top consumer China would take further steps to support the coronavirus-hit economy while steel mills there are expected to resume operations after the COVID-19 situation subsides. Price Definition. The price of a security measures the cost to purchase 1 share of a security. For a company, price can be multiplied by shares outstanding to find the market capitalization (value of the company). Read full definition.

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