Topics

Wells Fargo
Stocks fall as oil price slump hits energy sector
Stocks fall as oil price slump hits energy sector

A retreat in oil and energy stocks pulled the rest of the U.S. stock market mostly lower Monday. Campbell Soup declined after the company said its 2015 profits would miss analysts' expectations. Yahoo, which owns a stake in Alibaba, jumped in anticipation of the giant Chinese technology company going public. The Dow Jones industrial average fell 25.94 points, or 0.2 percent, to 17,111.42. The Standard & Poor's 500 index lost 6.17 points, or 0.3 percent, to 2,001.54 and the Nasdaq composite added 9.39 points, or 0.2 percent, to 4,592.29. Energy stocks were by far the biggest drag on the market. The energy component of the S&P 500 fell 1.6 percent, compared to the...

Loading