Business · Markets · 5 hrs ago

US stocks close mixed as oil prices rise

US stocks close mixed as oil prices rise

US stock markets ended Monday with mixed results.

The Dow Jones rose about 0.4% to 51,850 points, while the S&P 500 was nearly unchanged at 7,807.

The Nasdaq fell 0.4% to 27,245, and the Nasdaq 100 lost 0.7%.

Investors were cautious as tensions continued in the Middle East and important events were expected later in the week.

Oil prices rose again after easing earlier in the day.

Brent crude briefly gained as much as 1.9%, rising above $106 a barrel, and US crude prices increased by a similar amount.

US bond markets were closed for a public holiday, but stock trading continued as normal.

Sources

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