ECONOMY

Wall Street closes mixed with oil gains, tech loss

WALL STREET CLOSES MIXED WITH OIL GAINS, TECH LOSS

Wall Street closed mixed on Monday as tech companies posted losses, but oil prices increased.

The Dow added 129 points to finish the day at 21,479 and the S&P rose five points to 2,429.

The Nasdaq, however, lost 30 points to end trading at 6,110.

Google's parent company Alphabet and Amazon each lost more than 1 percent.

Crude prices, on the other hand, gained nearly 2 percent.

At the final bell, American benchmark West Texas Intermediate was trading at $46.98 per barrel -- up 1.9 percent, while Brent crude was at $49.57 -- up 1.7 percent.

The stock market will be closed on Tuesday due to Independence Day in the U.S.

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