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Updated from 9:15 a.m. EDT
A U.S. stock market rally was spurring a tangential rally in energy commodities at the New York Mercantile Exchange on Monday.
Earlier Monday, crude oil was down sharply due to Sunday's announcement by the Organization of Petroleum Exporting Countries that it will hold crude oil production rates steady for the intermediate term.
However, strength in U.S. equity markets was recently allowing crude oil to stage a rebound. Shortly before 1 p.m., the Dow Jones Industrial Average was gaining 145 points at 7368.14. West Texas crude at the New York Mercantile Exchange was gaining 52 cents at $46.77 a barrel. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,501.05 | 1,114.11 | 2,212.10 | 35.46 |
Oil *
71.84
|
|
UP
29.55
|
UP
7.70
|
UP
21.79
|
UP
0.06
|
10 Yr
3.55%
SPDR Gold
110.24
|
|
+0.28%
|
+0.70%
|
+0.99%
|
+0.17%
|
Data delayed 20 minutes |
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