Stocks Fall Despite Oil-Price Drop

Inflation fears diminished as energy and other commodity prices dropped, but trading was quiet ahead of Tuesday's Fed announcement

Major U.S. stock indexes finished lower Monday after a recovery attempt late in the day sparked by falling oil prices evaporated. But the plunge in oil prices on abating hurricane concerns and general weakness across the commodities complex did help diffuse some of the market pessimism caused by a rise in inflation.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.