div > div.group > p:first-child"> The Dow Jones Industrial Average fell 48.49 points to 26,511.05, the a gain in energy shares lifted the S&P 500 by 0.1% to 2,907.97. The Nasdaq Composite outperformed, climbing 0.2% to 8,015.27.
Halliburton and Kimberly-Clark are among the companies that reported better-than-expected quarterly results on Monday morning. Their shares rose 0.3% and 6.1%, respectively. Wall Street also focused on the oil market as U.S. crude rose 2.7% after the Trump administration said it will not allow the purchase of Iranian oil by some countries. The move could take about 1 million barrels per day out of the oil market. Energy shares rose along with oil prices. The Energy Select Sector SPDR Fund closed 2.1% higher, led by Marathon Oil and Devon Energy.
Source: News Formal (newsformal.com)
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