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US: Stocks open lower as crude slips

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[BENGALURU] US stocks opened lower on Monday as oil prices hovered near multi-year lows due to a global glut.

The Dow Jones industrial average fell 28.59 points, or 0.16 per cent, to 17,523.58, the S&P 500 lost 5.8 points, or 0.28 per cent, to 2,055.19 and the Nasdaq Composite index dropped 16.83 points, or 0.33 per cent, to 5,031.67.

REUTERS