Stocks Ended Lower as ECB Flashed Warning Signs
- Thursday, March 7, 2019, 16:37
- Stock Market
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U.S. stock ended lower on Thursday, as the European Central Bank hinted at worsening economic conditions in the eurozone. The Dow Jones Industrial Average fell 200.23 points, or 0.78%, to 25,473.23. The S&P 500 was down 22.52 points, or 0.81%, to 2,748.93. The Nasdaq Composite declined 84.46 points, or 1.13%, to 7,421.46.
Oil futures posted a gain on Thursday, buoyed by data showing a fall in February OPEC output to its lowest in nearly four years. West Texas Intermediate crude for April delivery tacked on 44 cents, or 0.8%, to settle at $56.66 a barrel. May Brent rose 31 cents, or 0.5%, to $66.30 a barrel.
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