Stocks Ended Mostly Higher, S&P and Nasdaq Rebounded

U.S. stocks ended mostly higher on Monday, with the S&P 500 and Nasdaq rebounding to snap a four-day losing streak, on the back of a recovery in technology shares. The Dow Jones Industrial Average fell 59.47 points, or 0.23%, to 25,857.07. The S&P 500 gained 5.45 points, or 0.19%, to 2,877.13. The Nasdaq Composite added 21.62 points, or 0.27%, to 7,924.16.

U.S. benchmark crude prices ended lower Monday on growing concerns that storms churning in the Atlantic will hurt energy demand on the U.S. East Coast. October West Texas Intermediate crude fell 21 cents, or 0.3%, to settle at $67.54 a barrel. November Brent crude gained 54 cents, or 0.7%, to $77.37 a barrel.

Americans increased their borrowing in July at nearly double the pace of the previous month, evidence that confident consumers are willing to take on more debt to support their spending. The Federal Reserve reported Monday that consumer debt rose by a seasonally adjusted $16.6 billion in July, up sharply from a gain of $8.5 billion in June.

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