Stocks Ended Lower, Oil Prices Fell
- Monday, January 28, 2019, 16:22
- Stock Market
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U.S. stocks ended lower on Monday, amid disappointing quarterly results from corporate bellwethers like Caterpillar Inc. The Dow Jones Industrial Average fell 208.98 points, or 0.84%, to 24,528.22. The S&P 500 slipped by 20.91 points, or 0.78%, to 2,643.85. The Nasdaq Composite declined 79.18 points, or 1.11%, to 7,085.68.
Oil prices fell Monday to finish at a two-week low, reflecting fresh concerns over supply, and the potential for a slowdown in energy demand from China. West Texas Intermediate crude for March delivery fell $1.70, or 3.2%, to settle at $51.99 a barrel. March Brent crude fell $1.71, or 2.8%, to $59.93 a barrel.
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