Dow Ends Day Down 78

S&P 500, Nasdaq also close lower
By Newser Editors and Wire Services
Posted Jul 25, 2016 3:16 PM CDT
Dow Ends Day Down 78
John McNierney, right, trading GE stock for Citadel Securities, updates John Panin, left, and Greg Rowe, second left, with the stock's price at the New York Stock Exchange, Friday, July 22, 2016.   (AP Photo/Mark Lennihan)

Stocks fell moderately on Monday as investors took a break after four weeks of gains that brought the market to record highs, the AP reports. Energy companies fell more than the rest of the market as the price of oil took another turn lower. Yahoo fell after Verizon Communications announced it would buy most of Yahoo's internet businesses for $4.83 billion. The Dow Jones industrial average lost 77.79 points, or 0.4%, to 18,493.06. The Standard & Poor's 500 index lost 6.55 points, or 0.3%, to 2,168.48 and the Nasdaq composite lost 2.53 points, or 0.1%, to 5,097.63. (More Dow Jones stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X