» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 40 | NO. 5 | Friday, January 29, 2016

US stocks edge mostly lower as energy prices plunge again

Print | Front Page | Email this story

NEW YORK (AP) — Stocks are closing mostly lower after another steep drop in oil and natural gas prices pulled energy companies down.

Prices for crude oil and natural gas each slumped about 6 percent Monday, the latest blow to the beleaguered energy sector.

Oil and gas companies took heavy losses. Devon Energy sank 7 percent and Murphy Oil lost 6 percent.

Not all the news was bad. Aetna jumped 2 percent after reporting solid earnings.

The Dow Jones industrial average edged down 17 points, or 0.1 percent, to 16,449.

The Standard & Poor's 500 index lost less than a point to 1,939. The Nasdaq composite edged up six points, or 0.1 percent, to 4,620.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.96 percent.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0