Stocks close well off session highs

(CNBC) — Stocks gave back most of their gains on Monday after President Donald Trump tweeted he will be announcing his decision on the deal on Tuesday. The tweet also knocked the wind out of energy stocks, which had been the main driver in the stock market.

The Dow Jones industrial average traded just 8 points higher after rising as much as 200 points, while the S&P 500 held just above breakeven. The Nasdaq composite traded 0.5 percent higher after rising more than 1 percent.

“Oil dove pretty good on that, then energy stocks led us off the highs,” said Dave Lutz, head of ETF trading at JonesTrading. Crude fell in after-hours trading after settling 1.5 percent higher.



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