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.
Lackluster demand on a new debt sale generated a bout of selling in the U.S. government bond market on Monday, sending the yield on the two-year note to a one-month high.
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.
Hopes for a return to growth in Gilead Sciences GILD 2.31 % ' legendary hepatitis C business took a hit on Monday. Gilead reported second-quarter sales of $7.7 billion and adjusted earnings of $3.08 a share.