US shares edge lower as drop in energy stocks weighs
- 31 July 2015
- From the section Business
(Close): All three of the main US indexes closed slightly lower after a sharp fall in energy shares offset gains elsewhere.
The Dow Jones ended trading 51.98 points lower at 17,745.98.
Smaller firms linked to the energy industry, such as drilling company Nabors Industries and producer Marathon Oil, also dropped, losing 1.8% and 3.8% respectively.
Bonds were higher after a report showed US wages and benefits grew in the spring at the slowest pace in decades.