US stocks close mixed on Monday; Oil down

FXStreet (San Francisco) - Wall Street opened the week with mixed results as investors digested that Japanese economy went into recession after declining 1.6% in the Q3. The S&P hit its 42nd record close of the year.

Halliburton $HAL, world's second-largest oil services company agreed to buy Baker Hughes $BHI, the third-largest for $34.6B. $BHI climbed 8.92% in the day; while $HAL declined 10.62%.

Dow Jones advanced 13.01 points or 0.07% on the day to finish the session at 17,647.75; the S&P 500 added 1.50 points or 0.07% to 2,041.32; while the Nasdaq Composite declined 17.54 points or 0.37% to 4,671.00.

Oil declined to test 74.70; however the black gold bounced to close 75.45. XAUUSD traded sideways around 1,187.00 the whole day.