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.