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AP National Business

Stocks waver in muted trading as crude oil prices slump

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Published 9:40 AM

By DAMIAN J. TROISE
AP Business Writer

Stocks shifted between small gains and losses in morning trading on Wall Street Monday in a muted start to the week. The S&P 500 fell 0.1%, the Dow Jones Industrial Average fell 0.4% and the Nasdaq rose 0.2%. Tesla jumped after saying it is considering another stock split. Energy had some of the biggest losses as crude oil prices sank about 7%. China started to lock down Shanghai, its largest city and financial center, to conduct mass testing and control a growing outbreak of COVID-19. Bond yields eased back after shooting higher this month.

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