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US Stocks Hover Near Record Highs as Wall Street Trades in Mixed Territory
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News18•12-10-2026, 20:30
US Stocks Hover Near Record Highs as Wall Street Trades in Mixed Territory
- •Stocks kicked off a busy week with mixed trading on Wall Street, keeping the S&P 500 hovering near its recent record.
- •Energy stocks saw significant gains following a jump in oil prices, with Exxon Mobil and Chevron rising.
- •Technology stocks weighed heavily on the market, led by drops in Micron Technology and Advanced Micro Devices.
- •Brent crude jumped 2.1 percent amid uncertainty surrounding global energy supplies and ongoing geopolitical tensions.
- •Wall Street is preparing for a week of crucial economic updates, including housing, inflation, and retail sales data, alongside major corporate earnings.
Key Questions Answered
The S&P 500 remained mostly unchanged near its record high, the Dow Jones Industrial Average rose 91 points (0.2 per cent), and the Nasdaq composite fell 0.1 per cent.
Energy stocks saw some of the biggest gains due to a sharp jump in oil prices, with Exxon Mobil rising 1.8 per cent and Chevron increasing 1.9 per cent.
Wall Street is reviewing fresh data on the housing market, inflation, and retail sales, alongside corporate earnings updates from major banks like Citigroup, JPMorgan Chase, and Wells Fargo.
