Wall St. slides, tumbling oil prices weigh on energy stocks
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 13, 2018. REUTERS/Brendan McDermid
NEW YORK: U.S. stocks mostly edged lower on Monday following a drop in oil prices
that weighed on energy shares and offset a jump in financials as Bank of America's results reinforced expectations of a strong U.S. earnings season.The Dow Jones Industrial Average rose 44.95 points, or 0.18 percent, to 25,064.36, the S&P 500 lost 2.87 points, or 0.10 percent, to 2,798.44 and the Nasdaq Composite dropped 20.26 points, or 0.26 percent, to 7,805.72.
(Reporting by Caroline Valetkevitch; Editing by James Dalgleish)
Source : http://www.channelnewsasia.com/news/business/wall-st--slides--tumbling-oil-prices-weigh-on-energy-stocks-10535718