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Shares were mixed on Monday as rising oil prices boosted energy stocks, but the decline in consumer discretionary stocks weighed on major averages, such as the Dow Jones Industrial Average.
Investors will follow closely this week while 12 components of Dow will report their revenues and revenues for the first three months of the year. Amazon, United Technologies, Procter & Gamble, Verizon, Boeing, Caterpillar, Microsoft, Facebook and Exxon Mobil are among the companies surveyed.
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In addition, 148 S & P 500 companies will publish quarterly reports.
Crude oil prices jumped as the United States announced on Monday that they would not extend their exemptions to buy Iranian oil to five countries – Turkey, South Korea, China, India and Japan – when these waivers expire in early May.
The shares of oil companies and consumer discretionary companies have moved in opposite directions.
| Teleprinter | security | Latest | Change | % Chg |
|---|---|---|---|---|
| AAP | ADVANCE AUTO PARTS | 172.97 | -2.43 | -1.38% |
| ORLY | O & # 39; REILLY AUTOMOTIVE INC. | 396.20 | -3.25 | -0.81% |
| CLC | CHEVRON CORP. | 121.78 | +1.92 | + 1.60% |
| XOM | EXXON MOBIL CORPORATION | 82.84 | +1.72 | + 2.11% |
The announcement, made by Secretary of State Mike Pompeo, reflects the White House's goal of zeroing Iranian oil exports.
| Teleprinter | security | Latest | Change | % Chg |
|---|---|---|---|---|
| I: DJI | DOW JONES MEANS | 26532.28 | -27.26 | -0.10% |
| SP500 | S & P 500 | 2905.68 | 0.65 | + 0.02% |
| I: COMP | COMPOUND INDEX NASDAQ | 7998.637746 | 0.58 | + 0.01% |
Crude oil prices jumped more than 2% to more than $ 65 per barrel for the first time since November, amid concerns that the United States may have lifted Iran's oil tax exemptions for the first time. global supply.
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The Shanghai Composite of China closed down 1.70%, Hang Seng 0.54% and Nikkei 225 Japan 0.08%.
European stocks were inactive for the Easter holidays.
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