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US Stocks Close Lower as Technology Shares Tumble

New york: US stock indexes closed lower on Tuesday, led by a sharp decline in technology shares, with the Nasdaq Composite falling 579 points, or 2.21 percent, to close at 25,587.

According to Emirates News Agency, shares of major technology compani…

Oil Prices Fall About 1% at Settlement

Dubai: Oil prices fell by about 1 percent at settlement on Tuesday, extending losses as markets assessed supply and demand fundamentals. Brent crude futures declined 82 cents, or 1.1 percent, to settle at US$77.08 per barrel, while US West Texas Inter…

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