US stocks were mixed on Monday ahead of earnings.
As of 9:33 am Eastern time, the S&P 500 was 0.3% higher, the Nasdaq Composite was up 0.6%, and the Dow Jones Industrial Average was down 0.3%.
Oil prices declined about 2 per cent on Monday after China oil imports fell for the fifth month and on cut in 2024 and 2025 global oil demand growth by the OPEC.
Brent crude futures were down $1.50, or 1.9 per cent, at $77.54 per barrel by 1213 GMT, while US West Texas Intermediate crude futures fell $1.53, or 2%, to $74.03 per barrel.
Gold prices edged higher on Monday as investors assessed China’s weekend stimulus announcement.
Spot gold rose 0.2 per cent to $2,660.64 per ounce by 0800 GMT. US gold futures were steady at $2,677.90.
Spot silver fell 0.2 per cent to $31.48 per ounce.