Stocks Ended Lower, Snapped 4-day Winning Streak

U.S. stocks finished lower on Monday, with the Dow Jones Industrial Average and S&P 500 index snapping a four-day winning streak. The Dow Jones Industrial Average fell 54.24 points, or 0.28%, to 19,097.90. The S&P 500 lost 11.63 points, or 0.53%, to 2,201.72. The Nasdaq Composite shed 30.11 points, or 0.56%, to 5,368.81.

Oil futures climbed Monday, scoring their first gain four sessions. January West Texas Intermediate crude rose $1.02, or 2.2%, to settle at $47.08 a barrel. January Brent crude advanced $1, or 2.1%, to $48.24 a barrel.

Nov 28 Boeing Co expressed confidence on Monday that a World Trade Organization ruling against a Washington state tax break for its 777X jetliner would be overturned on appeal, claiming to have the upper hand in the latest round of a long trade dispute placing it at odds with European rival Airbus.

Time Inc. owners may yet send a note of thanks to Edgar Bronfman Jr. Mr. Bronfman, the Seagram heir, teamed up with the Warner Music owner Len Blavatnik to make a bid for the $1.4 billion magazine company — an offer that was rejected, according to The New York Post.

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