U.S. stocks were mixed after the close on Friday, as gains in the Consumer Goods, Utilities and Financials sectors led shares higher while losses in the Technology, Basic Materials and Telecoms sectors led shares lower.
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The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 15.53% or 20.75 points to trade at 154.35 at the close. Meanwhile, UnitedHealth Group Incorporated (NYSE:UNH) added 1.49% or 5.94 points to end at 404.81 and Procter & Gamble Company (NYSE:PG) was up 1.43% or 1.90 points to 134.92 in late trade.
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By Ron Bousso
Doubts about the future of the 2015 Iran nuclear deal that could end U.S. sanctions on Iranian crude exports also helped prices.
Brent dipped 45 cents, or 0.6%, to $74.74 a barrel by 1310 GMT, after earlier rising to $75.78. U.S. crude slipped 50 cents, or 0.68%, to $72.58 a barrel, after hitting a session high of $73.61 earlier.
Both benchmarks had hit their highest since October 2018 on Wednesday before paring back gains. https://refini.tv/3w2pz6N
“The narrative is unchanged: the bounce in Western-world commuting and leisure activity fuels oil demand and drains oil supplies,” Norbert Rücker, head of economics at Julius Baer, wrote in a note.
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