US Stocks End Nearly Unchanged
NEW YORK – U.S. stocks barely budged, finishing mixed as lower oil prices pulled energy companies lower while hotels and travel-related companies rose.
Trading was quiet Monday ahead of the Federal Reserve’s meeting later this week, which is expected to shed some light on the possibility of a future increase in benchmark interest rates.
The price oil fell 3 percent. Travel-related companies rose after a consortium led by China’s Anbang Insurance Group offered to buy Starwood Hotels.
The Dow Jones industrial average rose 15 points, or 0.1 percent, to close at 17,229.
The Standard & Poor’s 500 index fell 2 points, or 0.1 percent, to close at 2,019. The Nasdaq composite rose 1 point to close at 4,750.
You must be logged in to post a comment Login