Wall Street closes lower with oil, tech stock losses

Wall Street closes lower with oil, tech stock losses

Major tech companies' shares fall around 2 percent

NEW YORK (AA) – Wall Street closed lower Tuesday with declines in oil prices and technology losses.

The Dow Jones was down 85 points to end the day at 18,168 and the S&P lost 10 points to finish at 2,150. The Nasdaq fell 11 points to 5,289.

At the final bell, American benchmark West Texas Intermediate was down 0.4 percent to $48.63 per barrel, while international benchmark Brent crude traded at $50.81 -- a 0.1 percent loss.

American telecommunications giant AT&T saw its shares plummet 2.1 percent, while the Twitter's stock fell 2 percent and shares of Hewlett Packard decreased 1.8 percent.

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