Home StocksUSA U.S. stocks end lower on oil drop, Brexit fears

U.S. stocks end lower on oil drop, Brexit fears

by Yomna Yasser

U.S. stocks closed lower Friday, with only blue chips holding onto slight gains for the week, as anxiety over a possible exit of the U.K. from the European Union and a fall in oil prices weighed on markets. The Dow Jones Industrial Average fell 119.85 points, or 0.7%, to close at 17,865.34, for a weekly gain of 0.3%.

The S&P 500 Index declined 19.41 points, or 0.9%, to finish at 2,096.07, for a loss of 0.2% on the week. The Nasdaq Composite Index dropped 64.07 points, or 1.3%, to close at 4,894.55, for a weekly loss of 1%. Oil futures slipped back below $50 a barrel, settling down 3% at $49.07.

Source: MarketWatch

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