Energy stocks rise even as S&P 500 retreats amid Middle East tensions
Energy was the best-performing sector in the S&P 500 on Monday morning, as investors weighed the risks of fighting in the Middle East that escalated over the weekend.
The S&P 500’s energy sector was rising 0.7%, according to FactSet data, at last check. The S&P 500 index was down 0.4% in morning trade, while U.S. oil prices were up around 2% at around $75.90.