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US stocks close lower on North Korea threats | KRVN Radio

US stocks close lower on North Korea threats


(NEW YORK) — Tech stocks stumbled on Monday and Wall Street struggled to gain ground amid new threats from North Korea.

The Dow Jones Industrial Average sunk 53.50 (-0.24 percent) to close at 22,296.09.

The Nasdaq fell 56.33 (-0.88 percent) and finished at 6,370.59, while the S&P 500 closed at  2,496.66, 5.56 points (-0.22 percent) lower than its open.

U.S. crude oil prices remained flat at about $50 per barrel.

Winners and Losers:
  Shares of Blue Apron soared 7.16 percent after Guggenheim Capital initiated coverage with a “buy” rating.

Facebook tumbled 4.50 percent after CEO Mark Zuckerberg dropped plans to create a new stock class.

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