Energies Lead Modest US Stock Gains
U.S. stock indexes finished modestly higher Monday, extending the market's solid gains from a rally last week.
World & Policy
Headlines
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Oil Futures Gain, WTI Tops $59 Bbl
Oil futures nearest delivery traded on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange advanced, with West Texas Intermediate (WTI) settling at a four-month high in trading Monday afternoon.
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S&P 500 Near Record High
U.S. stock indexes drifted upward Monday at the start of a busy week for markets, and the S&P 500 inched back within a few good days of its record high set last autumn.
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Oil Futures Advance on OPEC Cuts
Oil futures nearest delivery traded on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange shook off early weakness and moved higher in early trading Monday.
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US Officials Seize 1Mil Pounds of Pork
NEWARK, N.J. (AP) -- Federal authorities say 1 million pounds (0.45 million kilograms) of pork products allegedly smuggled from China have been seized at a New Jersey port.
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Oregon Blockbuster is Last on Earth
BEND, Ore. (AP) -- There are challenges that come with running the last Blockbuster Video on the planet.
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Lyft Opens Up Its IPO Road Show
NEW YORK (AP) -- Lyft officially kicked off the road show for its initial public offering, putting 30 million shares up for sale Monday with an anticipated price of between $62 and $68 per share.
World & Policy Perspectives
Washington Insider -- Monday
South America Calling
What DTN Is Watching
Markets
Local weather is still a concern in many areas of the Midwest after last week's storm and flooding issues. USDA's weekly report of export inspections is due out at 10:00 a.m. CDT and traders continue to watch for any signs of a trade agreement with China.
WeatherDry conditions will cover all major crop areas Monday. Temperatures will still be well below normal for the season in northern areas, and seasonal to above normal south. The drier trend favors field work in southern areas and will ease flooding in the western Midwest and north-central Plains.