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happening between now and the end of the year that could drive prices in either direction,"
Schiegoleit said.
Benchmark U.S. crude shed $1.29, or 3.4 percent, to close at $36.81 per barrel on the New York
Mercantile Exchange. Brent crude, which is used to price international oils, lost $1.27, or 3.4
percent, to close at $36.62 per barrel in London.
Among other energy futures trading, wholesale gasoline fell 0.3 cents to close at $1.233 a gallon,
heating oil fell 1 cent to close at $1.09 a gallon and natural gas rose 20 cents to close at $2.228 per
1,000 cubic feet.
Major stock indexes in Europe also ended lower on Monday. Germany's DAX fell 0.7 percent, while
France's CAC 40 was off 1 percent.
Trading in Asian markets was mixed. Japan's Nikkei added 0.6 percent, while the Shanghai
Composite Index lost 2.6 percent. Hong Kong's Hang Seng slipped 1 percent. The London Stock
Exchange remained closed for the holiday break.
Precious and industrial metals prices ended broadly lower. Gold slipped $7.60 to $1,068.30 an
ounce, silver dropped 50 cents to $13.88 an ounce and copper fell five cents to $2.08 a pound.
Bond prices rose. The yield on the 10-year U.S. Treasury note fell to 2.23 percent from 2.25 percent.
The dollar slipped to 120.36 yen while the euro fell to $1.0971.
Among other stocks making big moves Monday:
Valeant Pharmaceuticals lost 10.5 percent after the company announced that CEO J. Michael
Pearson is taking a medical leave of absence. Pearson was hospitalized with pneumonia last week.
Three executives will take over for Pearson during his absence. The company's stock fell $11.97 to
$102.14.
http://www.stltoday.com/business/local/energy-mining-stocks-lead-a-decline-on-wall-street/article_69
4c0e64-d3d3-5db3-ace3-683d2194615e.html