US STOCKS-Wall St slides as oil prices tumble to near 7-year low

lunes 7 de diciembre de 2015 17:39 GYT
 

* Energy stocks tank, crude dips to near 7-year low after OPEC

* Airline stocks jump on falling oil prices

* Office Depot, Staples fall on regulatory deal hurdle

* Indexes fall: Dow 0.66 pct, S&P 0.7 pct, Nasdaq 0.79 pct (Updates with market close, adds commentary)

By Sinead Carew

Dec 7 (Reuters) - U.S. stocks fell on Monday, led by the S&P energy index's biggest one-day percentage drop since late August as oil prices slid to their lowest point in nearly seven years.

U.S. crude oil futures settled down almost 6 percent while Brent crude fell more than 5.3 percent after OPEC's meeting last week failed to address a growing supply glut.

The S&P energy sector energy index closed down 3.7 percent after dropping as much as 5 percent earlier in the session and oil majors Exxon and Chevron were the biggest drags on the S&P, with almost 3 percent declines.

The major U.S. indexes pared losses late in the session.   Continuación...