Major US stock indexes close mixed as West Texas oil stabilizes
18/05/2026 | 23:46:19
New York, May 18 (Petra) -- Major United States stock market indexes closed mixed on Monday, while the price of US benchmark West Texas Intermediate (WTI) crude stabilized at 105.83 dollars per barrel.
The Dow Jones Industrial Average rose 160 points to close at 49,686 points. However, the gains were insufficient to fully offset Friday's losses, which had exceeded 530 points.
Conversely, the tech-heavy Nasdaq Composite Index dropped 134 points to finish at 26,090 points. Similarly, the broader S&P 500 Index edged down by approximately 5 points, closing at 7,403 points.
//Petra// AF