US Stocks Close Lower as Energy Shares, Oil Prices Drop
US stocks
New York - QNA
US stocks fell on Monday, led by the energy sector as oil prices dropped, while investors awaited the next run of major earnings reports.
The Dow Jones industrial average fell 19.04 points, or 0.095, to close at 20,052.42, with Verizon leading decliners and Merck the biggest riser.
The S&P 500 dropped 4.86 points, or 0.21%, to end at 2,292.56, with energy leading nine sectors lower and industrials and information technology rising. The Nasdaq composite fell 3.21 points, or 0.06%, to 5,663.55.
Overseas, European equities fell amid political uncertainty in France, as the pan-European Stoxx 600 index slipped 0.685. In Asia, stocks closed mostly higher, with the Shanghai composite rising 0.54% and the Nikkei 225 advancing 0.31%.
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
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