U.S. stocks opened firmly lower on Monday, as investors focused on escalating tensions in the Middle East. The Dow Jones Industrial Average lately fell 124.61 points, or 0.44%, to 28,510.27. The S&P 500 retreated 8.38 points, or 0.26%, to 3,226.47. The Nasdaq Composite slid 33.19 points, or 0.37%, to 8,987.58.
Oil prices added to gains on Monday, with the benchmarks for crude touching their highest levels in at least 7 months in the wake of Friday’s killing of Iranian Gen. West Texas Intermediate crude for February delivery was last up 58 cents, or 0.9%, at $63.90 a barrel. March Brent crude was adding 67 cents, or 1%, at $69.26 a barrel.
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