Stocks close lower on Wall Street as rally momentum cools

A gold pocket watch said to have been made for J.P. Morgan disappeared, prompting a hunt that plunged into the baroque world of high-end antiquities.

Energy futures closed mostly lower. The price of U.S. crude oil fell 2% and helped pull energy stocks lower. Devon Energy lost 4%.climbed 4.5% after raising its dividend and issuing a solid forecast. Pfizer, which has been touting the potential benefits of a vaccine booster against Omicron, rose 1.3%.

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U.S.-China rift puts U.S.-listed Chinese stocks against a great wall --- and investors will pay a priceOPINION: The SEC threatened to delist Chinese stocks that trade in the U.S. if they do not make their accounting books and auditing records available for inspection. The threat in fact could be playing into China’s hands. I’m sure paying to your biggest competitor is good news for US Companies just won’t do it. Totally a good plan. Not worth the risk to the markets.
Source: MarketWatch - 🏆 3. / 97 Read more »