Stocks Ended Little Changed as Harvey Pummeled Texas

U.S. stocks ended little changed on Monday, as investors gauged the effect of Hurricane Harvey. The Dow Jones Industrial Average declined 5.27 points, or 0.02%, to 21,808.40. The S&P 500 was up 1.19 points, or 0.05%, to 2,444.24. The Nasdaq Composite rose 17.37 points, or 0.28%, to 6,283.02.

Oil futures dropped Monday to their lowest finish in about a month, with traders expecting refinery shutdowns in the Gulf of Mexico region due to storm system Harvey to cause an excess in crude supplies. October West Texas Intermediate crude fell $1.30, or 2.7%, to settle at $46.57 a barrel. October Brent crude fell by 52 cents, or 1%, to $51.89 a barrel.

Amazon.com Inc. completed its $13.7-billion purchase of Whole Foods Market Inc. on Monday and immediately slashed prices by up to 43% for some of the grocery chain’s bestselling products.

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