Equities New York Close: Losses – Oil price rally worries investors

NEW YORK (dpa-AFX) – On Wall Street, investors have lost their courage after the good previous week. The major stock indices gave up initial gains in Monday’s trading and ended in the red. Concerns remain that the ongoing oil price rally could lead to energy shortages and stall the global economic recovery from the corona pandemic.

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Der US-Leitindex Dow Jones Industrial finally fell by 0.72 percent to 34,496.06 points. The S&P 500 fell 0.69 percent to 4361.19 points. For the tech-heavy Nasdaq 100 it went down by 0.72 percent to 14,713.73 points./la/he

Source: dpa-AFX

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