Stocks Ended Lower, Dragged by Tech
- Monday, July 30, 2018, 16:30
- Stock Market
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U.S. stocks ended lower on Monday, with the Nasdaq Composite posting its third consecutive loss, as tech shares continued to decline. The Dow Jones Industrial Average fell 144.23 points, or 0.57%, to 25,306.83. the S&P 500 lost 16.22 points, or 0.58%, to 2,802.60. The Nasdaq Composite dropped 107.42 points, or 1.39%, to 7,630.00.
Oil futures ended higher Monday, with the U.S. benchmark pushing back above $70 a barrel for the first time in nearly three weeks on global supply concerns and strong underlying demand. West Texas Intermediate crude-oil futures for September rose $1.44, or 2.1%, to settle at $70.13 a barrel. Brent crude advanced 68 cents, or 0.9%, to $74.97 a barrel.
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