Stocks Ended Mixed, Oil Prices Settled Higher

U.S. stocks ended mixed on Thursday, as investors digested a weekly report on the labor market and eyed rising coronavirus cases in major regions throughout the country. The Dow Jones Industrial Average fell 39.51 points, or 0.15%, to 26,080.10. The S&P 500 edged up 1.85 points, or 0.06%, to 3,115.34. The Nadsdaq Composite rose 32.52 points, or 0.33%, to 9,943.05.

Crude-oil prices finished higher on Thursday after major producers at an OPEC-led meeting of the Joint Ministerial Monitoring Committee, or JMMC, stressed the importance of full compliance with pledged production cuts and made moves to ensure that certain countries make up for failing to fully meet their reduction targets last month. West Texas Intermediate crude for July delivery climbed 88 cents, or 2.3%, to settle at $38.84 a barrel. Brent oil for August delivery picked up 80 cents, or 2%, at $41.51 a barrel.

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