U.S. stocks stalled on Monday after three straight sessions of gains as a bare-bones trade deal with China announced on Friday dampened sentiment and triggered a 2% drop in oil prices, ahead of the start of third-quarter earnings season.
Oil majors Exxon Mobil Corp and Chevron Corp were among the biggest drags on the S&P 500 index, as oil prices gave up last week's gains on growing concerns that the partial trade deal could take time to be sealed.
At 11:28 a.m. ET, the Dow Jones Industrial Average was up 15.16 points, or 0.06%, at 26,831.75, while the S&P 500 was down 1.79 points, or 0.06%, at 2,968.48. The Nasdaq Composite was up 0.73 points, or 0.01%, at 8,057.77.
Source : Reuters