US Stocks Close Lower as Crude Oil Slides

iStock/Thinkstock(NEW YORK) — U.S. stocks closed lower Thursday as oil prices dropped sharply.

The Dow lost 40.27 (-0.22 percent) to finish at 18,162.35.

The Nasdaq fell 4.58 (-0.09 percent) to close at 5,241.83, while the S&P 500 finished at 2,141.34, down 2.95 (-0.14 percent) from its open.

Crude oil slid over 2 percent with prices hitting just about $51 a barrel.

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