Stocks Ended Sharply Lower as Energy Shares Weighed
- Monday, January 25, 2016, 16:56
- Stock Market
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U.S. stocks ended sharply lower on Monday, as a renewed rout in oil prices hit energy shares. The Dow Jones industrial average fell 208.29 points, or 1.29%, to 15,885.22. The S&P 500 lost 29.82 points, or 1.56%, to 1,877.08. The Nasdaq Composite dropped 72.69 points, or 1.58%, to 4,518.49.
Oil futures settled with a nearly 6% loss on Monday, pulling back after a big rally Friday. March West Texas Intermediate crude lost $1.85, or 5.8%, to settle at $30.34 a barrel on the New York Mercantile Exchange.
Four senior Twitter executives are leaving the media company, CEO Jack Dorsey tweeted late Sunday night, the biggest leadership changes since Dorsey returned as chief executive as he struggles to revive the company’s growth.
In a victory for environmentalists and the Obama administration, the Supreme Court ruled Monday that federal energy regulators may press for lower electric rates for businesses, colleges and other large consumers who agree to conserve power during peak periods.
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