U.S. stocks closed lower Monday as investors weighed a possible Federal Reserve (Fed) rate hike in December. In international economic news, European equities closed lower on weak Chinese export data. In Asia, equities in China and Japan climbed to their highest levels in over two months. The dollar gained over 1 percent against other world currencies. Light sweet crude oil for December delivery lost 42 to $43.87 a barrel on the New York Mercantile Exchange. Gold futures added 40 cents to $1,088.10 an ounce. The Dow Jones industrial average declined 206, or 1.15 percent, to 17,706. The broader Standard & Poor's 500 index dropped 23, or 1.13 percent, to 2,075. The technology-heavy Nasdaq composite index fell 61, or 1.2 percent, to 5,085.
