US: Stocks open lower amid crude oil glut

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[NEW YORK] Wall Street opened lower on Monday as traders grappled with a drop in oil prices to 22-year lows as the coronavirus pandemic sapped demand for energy. Read more at The Business Times.

The Dow Jones Industrial Average was down 1.8 per cent to 23,798.01 about 10 minutes into the trading session.[NEW YORK] Wall Street opened lower on Monday as traders grappled with a drop in oil prices to 22-year lows as the coronavirus pandemic sapped demand for energy.

The Dow Jones Industrial Average was down 1.8 per cent to 23,798.01 about 10 minutes into the trading session.

 

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Australia: Shares end lower with energy stocks battered by plunging crude futures[SYDNEY] Australian shares finished lower on Monday weighed by energy stocks, as concerns over a slump in oil demand due to the coronavirus pandemic drove the energy sub-index to its worst session in more than three weeks. Read more at The Business Times.
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