The U.S. stock market pushed lower on the second-to-last trading day of 2019. The Dow Jones Industrial Average dropped over 183 points and the S&P 500 Index fell almost 19 points, making it their worst day in four weeks. The Nasdaq Composite Index declined over 60 points, dropping from its historic 9,000 record made last week.
Here's how the U.S. stock market closed Monday:
S&P 500 Index
Dow Jones Industrial Average
Nasdaq Composite Index
In U.S.-China Trade News, Vice Premier Liu He, China's top trade negotiator, told the South China Morning Post Monday that he will visit Washington this week to sign the "Phase One" trade deal. The two countries have been working on translating and formalizing the partial agreement since early December. Trade advisor from the White House, Peter Navarro, told Fox News on Monday that the signing will likely happen with the next week. President Donald Trump has remained positive toward the deal as of last week.
In U.S. Stock News, Apple
In U.S. Sector Performance, all 11 sectors have declined Monday as the stock market fell. Those share losses include Communication Services -1.03%, Consumer Discretionary -0.72%, Health Care -0.66%, Information Technology -0.59%, Industrials -0.57%, Consumer Staples -0.52%, Materials -0.40%, Financials -0.39%, Energy -0.35%, Real Estate -0.13% and Utilities -0.05%.
Lastly, in Commodity and Currency News, the price of oil continues to remain above $60, with the West Texas Intermediate closes unchanged Monday and Brent Crude increasing almost +30%. Gold also has continued its rise, with the metal's ounce prices increasing +0.03%. Finally, the U.S. Dollar took a dive Monday, with the DXY Index slipping -0.22%.
