Dow Ends Day Down 48

Stocks close mostly lower
By Newser Editors and Wire Services
Posted Apr 22, 2019 3:16 PM CDT
In this April 12, 2019, file photo trader Steven Kaplan works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks closed mostly lower on Wall Street, but energy companies rose sharply as the price of crude oil shot higher, the AP reports. Real estate and industrial companies as well as banks fell broadly on Monday. Simon Property Group lost 2.4% and Boeing fell 1.3%. The price of crude oil surged to its highest level since October after the US moved to further block Iranian oil exports. That helped lift energy stocks. The S&P 500 index wavered between gains and losses for much of the day before ending up 2 points, or 0.1%, at 2,907. The Dow Jones Industrial Average fell 48 points, or 0.2%, to 26,511. The Nasdaq rose 17 points, or 0.2%, to 8,015. Small-company stocks fell. More stocks fell than rose on the New York Stock Exchange. (Read more stock market stories.)

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