Stocks were mixed Monday afternoon, with oil services stocks the strongest and financial and auto shares the weakest at the end of a brutal month on Wall Street.
As struggling consumers try to keep their old cars running in a softening economy, some states and Canada are offering cash rewards to motivate drivers to retire their old clunkers, according to a published report.
Iraq's oil minister Monday opened international bidding on six oil fields that could increase the country's oil production by 1.5 million barrels per day.
Blue chips rose early Monday afternoon following a weak start to the session, as oil prices trimmed gains, the dollar turned higher and financial and auto stocks recovered from bigger morning losses.