U.S. Stocks Open Lower As Oil Tumbles And Dollar Surges

MarketWatch Pulse

U.S. stocks began the week on a sour note Monday as a fresh tumble in crude oil pushed prices to five-year lows, and a surging dollar sent investors for cover. Ten-year Treasurys rose, sending yields down two basis points to 2.1%. Crude oil prices fell to five-year lows as the dollar surged against the euro. The S&P 500 opened 9 points, or 0.4%, lower at 2,049. The Dow Jones Industrial Average lost 84 points, or 0.5%, to 17,744 at the open. The Nasdaq Composite began the day with a loss of 27 points, or 0.6%, at 4,701.

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