Stocks Lower As Investors' Digest Trump's Political Movements, Energy Declines
U.S. stocks fell Monday as uncertainty over potential policy moves from Donald Trump weighed on Wall Street. All sectors of the S&P 500 sectors were in negative territory. The energy sector led the decline. Oil settled lower, down 1.5% to $53.01 a barrel. Stifel analysts said the addition of 17 oil rigs last week for a total of 583 rigs, "continues the relentless rig count build in the U.S." which could ultimately lower oil prices. And comScore (SCOR) - Get Reportshares plummeted over 27% after the company said that it would not be able to regain compliance with SEC periodic reporting requirements by the Feb. 23 deadline. The company would have to complete its financial restatement and comply with Nasdaq's listing requirements. Finally, Toyota (TM) - Get Report shares fell after the company reported a sharp drop in quarterly profit because of a stronger yen. It did, however, increase its guidance for the year and said to boost earnings it would focus on production of trucks and sport-utility vehicles.









