U.S. stocks fluctuated between slight gains and losses Monday, attempting to shake off an extended decline in oil prices ahead of the Fed's key decision on rates this week.
The Dow Jones industrial average gave back 16.37 points to start the day and the week at 17,248.64, after a Friday plunge of more than 300 points. Walt Disney led advancers and DuPont was the greatest decliner.
The S&P 500 inched back 0.79 points to 2,011.58, with financials leading seven sectors higher and materials the greatest laggard.
The NASDAQ index dropped 0.59 points to 4,932.87, as Apple traded more than 1.5% lower, while biotech stocks gained
Both Brent and U.S. crude oil have fallen every day since OPEC on Dec. 4 abandoned its output ceiling. In the past six sessions, they have shed more than 13% each.
OPEC has been pumping near record levels since last year in an attempt to drive higher-cost producers such as U.S. shale firms out of the market.
Prices for the 10-year Treasury retreated, raising yields to 2.19% from Friday's 2.14%. Treasury prices and yields move in opposite directions.
Oil prices slid 38 cents a barrel to $35.24 U.S.
Gold prices ducked lower $4.42 to $1,070.35 U.S. an ounce.
Source: WallSt Money US Market Commentary
(December 14, 2015 - 11:09 AM EST)
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