U.S. stocks closed lower in light volume trade Monday, with energy stocks lagging as oil prices briefly hit their lowest in nearly three months.
FILE - In this Wednesday, March 16, 2016, file photo, the Washington news conference of Federal Reserve Chair Janet Yellen is reflected in a specialist's screen on the floor of the New York Stock Exchange.
WASHINGTON - Interest rates on short-term Treasury bills were mixed in Monday's auction, with the rate on three-month bills unchanged and the rate on six-month bills falling to their lowest point in two weeks.
WASHINGTON - The Obama administration on Monday announced its plan to start regulating planet-warming pollution from airplanes, setting off a battle between environmentalists and the airline industry.
Gilead Sciences Inc. GILD 2.31 % said its revenue from its hepatitis C drugs continued to fall, dropping 19% during the second quarter, with sales of Harvoni missing expectations as competition from rival drugs and pricing pressures intensified.