Oil up on Iran comments, Wall Street ticks down

Wall Street
Wall Street Market Update

An index of stocks across the world ended flat on Monday while Wall Street dipped, and oil prices rose to a three-month high after Iran’s leader called on non-OPEC producers to help support prices.

The US dollar rose against a basket of its peers after strong manufacturing data, sterling brushed against a three-decade low versus the greenback and the Colombian peso fell after voters rejected a peace deal to end a more than 50-year-old war.

The Dow Jones industrial average fell 54.3 points, or 0.3 percent, to 18,253.85, the S&P 500 lost 7.07 points, or 0.33 percent, to 2,161.2 and the Nasdaq Composite dropped 11.13 points, or 0.21 percent, to 5,300.87.
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