Monday, U.S. stocks are climbing ahead of a big week for profit reports from Big Tech stocks. Oil prices, meanwhile, are tumbling, and a barrel of U.S. crude is on track for its worst loss in more than two years.
The S&P 500 was 0.5 percent higher in early trading. The main measure of the U.S. stock market is coming off its first losing week in the last seven, but it’s still near its all-time high set earlier this month.
The Dow Jones Industrial Average was up 285 points, or 0.7 percent, as of 9:35 a.m. Eastern time, and the Nasdaq composite was approaching its all-time high set in July with a gain of 0.6 percent.
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