US STOCKS-Plunging oil prices drag down Wall Street

lunes 7 de diciembre de 2015 12:11 GYT

* Brent crude near 7-year lows after OPEC's meeting last week

* Airline stocks jump on falling oil prices

* Keurig soars on $13.9 bln buyout offer

* Indexes down: Dow 0.94 pct, S&P 0.95 pct, Nasdaq 0.84 pct (Adds details, changes quote, updates prices)

By Tanya Agrawal

Dec 7 (Reuters) - Wall Street started the week in the red as energy and raw material stocks took a hit, with oil prices falling to their lowest in nearly seven years.

Brent crude prices dropped to $41.38 and U.S. crude fell to $38.15 a barrel, after OPEC's meeting ended last week without a reference to its output ceiling.

A stronger dollar also made it more expensive to hold crude positions. The dollar rose for a second day and was up 0.3 percent at 98.64 against a basket of major currencies.

Oil majors Exxon and Chevron fell about 4 percent and were the biggest drags on the Dow and the S&P, while Dow Chemicals and DuPont fell more than 2 percent.   Continuación...