US Stocks Close Lower Ahead of First Presidential Debate

iStock/Thinkstock(NEW YORK) — Wall Street closed lower Monday as investors awaited the first presidential debate.

The Dow dropped 166.62 (-0.91 percent) to finish at 18,094.83.

The Nasdaq lost 48.26 (-0.91 percent) to close at 5,257.49, while the S&P 500 finished at 2,146.10, down 18.59 (-0.86 percent) from its open.

Crude oil climbed over 2 percent with prices hitting above $45 a barrel.

Presidential Debate: Investors fretted over poll numbers Monday before the first presidential debate as some polls showed Donald Trump gaining on Hillary Clinton. Tuesday morning’s open could reflect the results of the candidates’ performances at the debate.

Winners and Losers: Shares in Twitter Inc soared 3 percent after reports the social media site was exploring potential sale bids.

After “extensive evaluation,” Pfizer Inc. announced it would not split up into two entities, leading shares to sink nearly 2 percent.

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