14-03-2016 15:46 via rocketnews.com

Wall St slips as energy stocks drag; Fed meet awaited

By Abhiram NandakumarREUTERS – Wall Street was slightly lower on Monday as a fall in oil prices weighed on energy stocks and investors paused ahead of the release of a slew of economic data and the U.S. Federal Reserve’s monetary policy meeting. Crude prices, which have dictated the direction of the stock market this year, fell about 3 percent after Iran quashed hopes of a quick deal by major producers to freeze output. [O/R] Steadying oil prices and data pointing to strengthening U.
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