Stock market today: Crude prices are up after Saudi cuts, but energy prices way down from last year

Wall Street is relatively flat Monday following last week’s last surge propelled by U.S. jobs data that raised new questions about if or when a recession might arrive.

Futures for the S&P 500 and the Dow Jones Industrial Average are essentially unchanged heading into a week with little new data expected from major U.S. corporations or economic indicators from Washington.

Energy prices are rising after Saudi Arabia said it will cut output by 1 million barrels per day to support sagging prices. But gasoline prices in the U.S. remain far below where they were at this point last year, according to price checker GasBuddy.

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