Stocks open lower at beginning of a holiday-shortened week

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Last Updated Monday, December 30, 2019 10:27AM ESTTOKYO -- Stocks fell in early trading on Wall Street Monday, led by declines in technology and communication services companies. Microsoft slid 1.

3% and Apple dropped 1.2%, while Facebook lost 1.5% and Alphabet, Google's parent company, fell 1.2%.

Energy stocks notched the biggest gain as the price of U.S. crude oil rose, extending a four-week winning streak. Helmerich & Payne rose 2.2%. With less than two days of trading left in 2019, the market is on track for its best year since 2013.

 

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