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published on November 27, 2017 - 2:02 PM
Written by Associated Press

A slide in crude oil prices weighed on energy companies, pulling U.S. stock indexes mostly lower on Wall Street.

Marathon Oil slumped 4.3 percent and Newfield Exploration lost 3.3 percent.

Industrial companies and utilities rose, while retailers posted solid gains on reports the holiday shopping season is off to a strong start.

Time rose almost 10 percent after agreeing to be acquired by Meredith, which owns TV stations and magazines including Better Homes & Gardens.

Meredith rose 11 percent.

The Standard & Poor’s 500 index fell 1 point to 2,601.

The Dow Jones industrial average edged up 22 points, or 0.1 percent, to 23,580. The Nasdaq composite fell 10 points, or 0.2 percent, to 6,878.

More stocks fell than rose on the New York Stock Exchange.


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