US stocks trade mixed as oil surges on unexpected production cut by OPEC+

US stocks trade mixed as oil surges on unexpected production cut by OPEC+

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Traders work on the New York Stock Exchange floor in New York City. AP Photo/Ted Shaffrey US stocks were mixed Monday, with oil prices in focus. Yields rose with oil prices surging after OPEC+ announced production cuts of 1.6 million barrels of oil a day starting in May. Tech stocks were lower as…

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