The news about a new oil field depressed the market today.
3 press (down), push (down) (on), lower:
If the pressure gets too high, just depress this lever.
Advanced English Dictionary
+verb 1 to make sb sad and without enthusiasm or hope: [VN] Wet weather always depresses me. +[VN to inf] It depresses me to see so many young girls smoking. 2[VN] to make trade, business, etc. less active: The recession has depressed the housing market. 3[VN] to lower the value of prices or wages: to depress wages / prices 4[VN] (formal) to press or push sth down, especially part of a machine: to depress the clutch pedal (= when driving).
Random quote: For every failure, there's an alternative course of action. You just have to find it. When you come to a roadblock, take a detour.: Mary Kay Ash