Stocks Ended Lower on Trade Tensions
- Monday, September 17, 2018, 16:31
- Stock Market
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U.S. stocks ended lower on Monday, as fears about intensifying tariff disputes between China and the U.S. rattled investors. The Dow Jones Industrial Average declined 92.55 points, or 0.35%, to 26,062.12. The S&P 500 declined 16.18 points, or 0.56%, to 2,888.80. the Nasdaq Composite dropped 114.25 points, or 1.43%, to 7,895.79.
Oil futures posted a modest loss on Monday, pressured by the potential for lower global demand on the heels of U.S.-China trade tensions. October futures on West Texas Intermediate crude fell by 8 cents, or 0.1%, to settle at $68.91 a barrel. November Brent shed 4 cents, or 0.05%, to settle at $78.05 a barrel.
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