Stocks Ended Lower on Tech Selloff

U.S. stocks ended lower on Monday, as a selloff in technology shares weighed heavily on the Nasdaq. The Dow Jones Industrial Average slipped 53.50 points, or 0.24%, to 22,296.09. The S&P 500 was off 5.56 points, or 0.22%, to 2,496.66. TheNasdaq Composite fell 56.33 points, or 0.88%, to 6,370.59.

Crude-oil prices settled sharply higher Monday, lifting Brent crude to a more than two-year high and West Texas Intermediate crude into a bull market. October West Texas Intermediate crude tacked on $1.56, or 3.1%, to settle at $52.22 a barrel. November Brent climbed $2.16, or 3.8%, at $59.02 a barrel.

Hewlett Packard Enterprise (NYSE:HPE) announced general availability of HPE ProLiant for Microsoft Azure Stack at Microsoft Ignite. HPE ProLiant for Microsoft Azure Stack enables customers and service providers to run Azure-consistent services on HPE infrastructure in their own data centers to help simplify their hybrid IT environments.