Stocks Ended Mostly Higher as Financials Rally

U.S. stocks closed mostly higher on Monday, boosted by a rally in financial shares, as investors digested a raft of positive corporate earnings. The Dow Jones Industrial Average fell 13.83 points, or 0.06%, to 25,044.29. The S&P 500 gained 5.15 points, or 0.18%, to 2,806.98. The Nasdaq Composite added 21.67 points, or 0.28%, to 7,841.87.

Oil settled lower Monday, giving up earlier gains, as the market played down rhetoric between the U.S. and Iran that had boosted the potential for tighter global supplies. September Brent crude settled a penny lower at $73.06 a barrel. September West Texas Intermediate crude shed 37 cents, or 0.5%, to settle at $67.89 a barrel.

Google’s parent company Alphabet (GOOG, GOOGL) reported better-than-expected second-quarter earnings on Monday afternoon. Accounting for the $5.1 billion fine from EU regulators , Google reported $4.54 earnings-per-share on revenues of the $32.7 billion.