Oil and gas companies lead an early decline in US stocks

AP News
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Posted: Dec 07, 2015 9:42 AM
Oil and gas companies lead an early decline in US stocks

NEW YORK (AP) — Oil and gas companies are leading an early decline in U.S. stocks as the price of crude takes another tumble.

Consol Energy and Chesapeake Energy each fell 9 percent in early trading Monday.

Chipotle Mexican Grill dropped 6 percent after warning late Friday that an outbreak of E. coli linked to its restaurants sent sales plummeting by as much as 22 percent in recent weeks.

Keurig Green Mountain soared 74 percent after agreeing to be acquired by a private equity firm.

The Dow Jones industrial average gave up 56 points, or 0.3 percent, to 17,795.

The Standard & Poor's 500 index slipped six points, or 0.3 percent, to 2,085. The Nasdaq composite also lost six points, or 0.1 percent, to 5,136.