(Reuters) - NEW YORK, June 4 - U.S. stocks were little
changed on Monday as surging oil prices boosted energy stocks
and a fresh round of takeovers tempered concerns about a sharp
sell-off in Chinese stocks.
Energy was the top gaining sector on the S&P, as oil surged
above $70 on news a cyclone was headed towards the
oil-producing Arabian peninsula with a potential to disrupt
shipping and output. Shares of Chevron Corp. rose
nearly 1 percent to $83.03.
Read more at Reuters.com Bonds News
changed on Monday as surging oil prices boosted energy stocks
and a fresh round of takeovers tempered concerns about a sharp
sell-off in Chinese stocks.
Energy was the top gaining sector on the S&P, as oil surged
above $70 on news a cyclone was headed towards the
oil-producing Arabian peninsula with a potential to disrupt
shipping and output. Shares of Chevron Corp. rose
nearly 1 percent to $83.03.
Read more at Reuters.com Bonds News
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