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US stocks end lower, but score gains in November

Economies.com
2019-11-29 22:20PM UTC

US stocks closed lower on the last session in November amid doubts about the US-China trade talks, in addition to energy prices slump, but Wall Street scored chubby weekly and monthly gains.

 

This comes amid the lack of new detail from Washington or Beijing about the trade talks, and despite upbeat remarks the signing date for the phase one of the trade deal hasn't been revealed.

 

Wall Street saw calm trading during the Black Friday half-day session, which came after the US Thanksgiving holiday.

 

To the oil market, West Texas Intermediate (WTI) lost 5.1% to close at $55.17 a barrel, and posted a 4.5% weekly loss and a 1.8% monthly gain, with an intraday high of $58.3 and a low of $55.02.

 

Brent fell 2.3% to $62.43 a barrel, with a monthly gain of 3.7% and weekly losses of 1.5%, and hit a high of $63.8 and a low of $62.3.

 

As for stocks, Dow Jones dropped 0.4% or 112 points to settle at 28,051, and scored weekly gains of 0.6% and monthly gains of 3.6%, with a session-high of 28,119 and a low of 28.042.

 

Nasdaq lost 0.4% or 39 points to 8,665, with weekly gains of 1.7% and monthly gains of 4.7%, a high of 8,697 and a low of 8,664.

 

S&P 500 also fell 0.4% or 12 points to close at 3,141, with 1% weekly gains and 3.4% monthly gains, and hit a high of 3,150 and a low of 3,139.

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