Stocks Ended Lower, Oil Prices Climbed

U.S. stocks ended lower on Monday as declines in health-care undercut upbeat buying sentiment on the back of a series of merger announcements. The Dow Jones Industrial Average fell 148.04 points, or 0.61%, to 24,163.15. The S&P 500 lost 21.86 points, or 0.82%, to 2,648.05. The Nasdaq Composite dropped 53.53 points, or 0.75%, to 7,066.27. For the month, the Dow and S&P 500 closed with a rise of 0.3%, while the Nasdaq rose less than 0.1%.

Oil prices closed higher on Monday, after Israeli Prime Minister Benjamin Netanyahu, in a live address, shared what he said was proof that Iran has a secret nuclear bomb program. June West Texas Intermediate crude oil added 47 cents, or 0.7%, to $68.47 a barrel. June Brent rose 53 cents, or 0.7%, to $75.17 a barrel.