US Stocks Close Lower as Energy Shares, Oil Prices Drop
US stocks
New York - QNA
US stocks fell on Monday, led by the energy sector as oil prices dropped, while investors awaited the next run of major earnings reports.
The Dow Jones industrial average fell 19.04 points, or 0.095, to close at 20,052.42, with Verizon leading decliners and Merck the biggest riser.
The S&P 500 dropped 4.86 points, or 0.21%, to end at 2,292.56, with energy leading nine sectors lower and industrials and information technology rising. The Nasdaq composite fell 3.21 points, or 0.06%, to 5,663.55.
Overseas, European equities fell amid political uncertainty in France, as the pan-European Stoxx 600 index slipped 0.685. In Asia, stocks closed mostly higher, with the Shanghai composite rising 0.54% and the Nikkei 225 advancing 0.31%.
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Beirut - NNA
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Moscow - AFP
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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