US indexes hold near record highs as energy stocks jump
NEW YORK — U.S. indexes held near record highs early Monday after big gains for energy stocks offset losses in other areas of the market. Oil prices soared after more nations agreed to production cuts in an attempt to mitigate a global oversupply of crude.
KEEPING SCORE: The Standard & Poor’s 500 index was little changed at 2,259. The Dow Jones industrial average added 42 points, or 0.2 percent, to 19,801. The Nasdaq composite fell 18 points, or 0.4 percent, to 5,425.