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AAP
AAP
Business

US stocks hold near their records as trading resumes on Wall Street after a holiday weekend

ING United States Iran Nasdaq Oil

NEW YORK (AP) — U.S. stocks are drifting near their records after trading resumed following a three-day weekend for Wall Street. The S&P 500 edged up 0.2% early Monday. The index is coming off its 11th winning week in the last 12. The Dow Jones Industrial Average was up 204 points, and the Nasdaq composite was down 0.3%. Crude oil prices eased following talks over the weekend between the United States and Iran on their war. The price of Brent crude fell 2.6%. Treasury yields rose in the bond market. European markets were mostly higher and Asian markets were mixed.

THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.

Trading is mixed early Monday and oil prices edged lower on fresh optimism over progress in U.S.-Iran negotiations.

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