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AAP
AAP
Business
STAN CHOE (AP Business Writer)

US stocks drift near their records after oil prices fall

NEW YORK (AP) — U.S. stocks are drifting near their records Monday after trading resumed following a three-day weekend for Wall Street.

The S&P 500 rose 0.1%, coming off its 11th winning week in the last 12, and is within 1.3% of its all-time high set early this month. The Dow Jones Industrial Average was up 220 points, or 0.4%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.2% lower.

In the oil market, prices eased following talks over the weekend between the United States and Iran on their war. U.S. Vice President JD Vance said they created a "good foundation for a successful final deal."

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