US stock market: Dow, Nasdaq slip as concerns rise of stricter China COVID curbs

November 22, 2022

The S&P 500 energy sector index fell almost 3% on Monday to its lowest level in four weeks as oil prices tumbled more than 5% after a report that Saudi Arabia and other OPEC oil producers were discussing an output increase. The index, however, pared losses after Saudi Arabia denied talks about it.

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