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  • 10/8/2019
Wall Street inched lower Monday, weighed down by declines among shares of consumer staples companies.
Trading was relatively quiet with no data of note released in the U.S. and few developments on the U.S.-China trade front.
The Dow Jones Industrial Average declined point-4 percent to26-thousand-478, the S&P 500 fell one-half a percent and the Nasdaq Composite lost three-tenths of a percent.
On the Korean bourse, stocks closed nearly flat on Monday with institutional buying more than offsetting a selling streak by foreigners.
The benchmark KOSPI closed at 20-22 and the tech-heavy KOSDAQ
Oil prices edged lower Monday... erasing an earlier gain as the dollar rose and investors looked ahead to another round of trade talks between the U.S. and China.
U.S. crude futures closed down one tenth of a percent at 52-dollars and 75 cents a barrel on the New York Mercantile Exchange.
Brent, the global gauge of prices, inched down less than point-1 percent to 58-35 a barrel.

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