Stocks Ended Lower on Turkey Currency Shake-out

U.S. stocks ended lower on Monday as global jitters due to Turkey’s plummeting currency spread to Wall Street. The Dow Jones Industrial Average fell 125.44 points, or 0.50%, to 25,187.70. The S&P 500 lost 11.35 points, or 0.40%, to 2,821.93. The Nasdaq Composite dropped 19.40 points, or 0.25%, to 7,819.71.

Oil futures lost ground Monday, but ended off session lows after tumbling sharply on expectations for an increase in crude stocks at the delivery hub for U.S. futures and data showing a pickup in production by OPEC. West Texas Intermediate crude for September delivery fell 43 cents, or 0.6%, to end at $67.20 a barrel. Brent October crude ended down by $1.49, or 0.3%, at $72.61 a barrel.

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