Stock Market Today: Dow slips on weaker economic data, slump in energy

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Stock Market Today: Dow slips on weaker economic data, slump in energy

Investing.com -- The Dow closed lower Monday, led by a slump in energy stocks on falling oil prices and weaker manufacturing data pointing to a slowing in the economy.dipped by 115 points or 0.5%, though closed well above session lows as dip-buyers emerge late in the session.

The phasing out "represents a stronger indication that extreme levels of market support by OPEC+ may not last forever," Macquarie said in a note, warning that it"appears problematic for 2025."Skydance sweetened its offer for Paramount to $8 billion, up from $5 billion previously, but the deal still requires the backing of National Amusements owner, who owns, which owns 77% stake in Paramount.

 

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