Oil prices fell on Friday.
The West Texas Intermediate for February delivery lost 1.61 U.S. dollars, or 2.76 percent, to settle at 56.74 dollars a barrel on the New York Mercantile Exchange. Brent crude for February delivery dropped 1.60 dollars, or 2.57 percent, to settle at 60.64 dollars a barrel on the London ICE Futures Exchange.
Crude futures settle lower
U.S. stocks ended lower on Friday.
The Dow Jones Industrial Average fell by 20.19 points, or 0.04 percent, to 48,710.97. The S&P 500 sank 2.11 points, or 0.03 percent, to 6,929.94. The Nasdaq Composite Index shed 20.21 points, or 0.09 percent, to 23,593.1.
Seven of the 11 primary S&P 500 sectors ended in red, with consumer discretionary and energy leading the laggards by losing 0.44 percent and 0.28 percent, respectively. Meanwhile, materials and technology led the gainers by adding 0.59 percent and 0.21 percent, respectively.
U.S. stocks close lower