- Analytics
- News and Tools
- Market News
- Global Stocks: U.S. stock indices fell
Global Stocks: U.S. stock indices fell
U.S. stock indices stepped away from session lows, but still ended Monday in the negative territory amid renewed declines in oil prices.
The Dow Jones Industrial Average finished the session with a decline of 177.92 points, or 1.1%, to 16,027.05 after trading down as much as 400 points. The S&P 500 lost 26.61 points, or 1.4%, to 1,853.44 (materials and financials were the worst performers falling 2.7% and 2.6% respectively). The Nasdaq Composite fell 79.39 points, or 1.8%, to 4,283.75.
S&P's energy sector showed little reaction and was the only one to close in the positive territory with a gain of less than 0.1%.
Oil prices fell more than 3% on Monday as a meeting between oil ministers from Saudi Arabia and Venezuela resulted in no agreement. There were also no comments about an OPEC meeting Venezuela was calling for.
This morning in Asia the Nikkei plunged 5.54%, or 942.60, to 16,016.70. Markets in China and Hong Kong are closed due to Lunar New Year.
Japanese stocks dropped following declines in U.S. indices. A stronger yen, which is unfavorable for Japanese exporters, weighed on stocks too.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
