Stocks Ended Mostly Lower as Investors Weighed Virus Concerns against Stimulus
- Tuesday, December 22, 2020, 16:26
- Stock Market
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U.S. stocks ended mostly lower on Tuesday, as investors weighed ongoing virus concerns against lawmakers’ approval of a long-awaited virus relief package. The Dow Jones Industrial Average fell 200.94 points, or 0.67%, to 30,015.51. The S&P 500 was down 7.66 points, or 0.21%, to 3,687.26. The Nasdaq Composite gained 65.40 point, or 0.51%, to 12,807.92.
Oil futures settled sharply lower Tuesday for the second straight day on worries about energy demand following new travel bans and lockdowns in Europe and the U.S. to combat the COVID-19 pandemic. West Texas Intermediate crude for February delivery lost 95 cents, or 2%, to settle at $47.02 a barrel. February Brent crude shed 83 cents, or 1.6%, to end at $50.08 a barrel.
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