The main US stock indices grew moderately on Monday, as rising oil prices stimulated shares of commodity companies, and investors ignored the consequences of global cyberattacks.

Oil prices rose significantly, reaching the highest level in more than three weeks, after Saudi Arabia and Russia supported the extension of the agreement to reduce oil production by nine months. In a joint statement by the energy ministers of the two countries, it was noted that Russia and Saudi Arabia, at a meeting in Vienna on May 24-25, will be offered to extend the agreement on reducing oil production by April 1, 2018. The issue of extending the agreement will be discussed at a ministerial meeting of the monitoring committee on May 24, and then at a meeting of OPEC and countries outside the cartel, on May 25

In addition, the confidence of builders in the market of newly built single-family homes increased by two points in May to a level of 70 according to the index from the National Association of Housing Companies / Wells Fargo Market Index (HMI), which was another sign that the housing market Continues to strengthen. This is the second highest indicator of HMI since the recession. The index, reflecting the expected sales in the next six months, jumped four points to 79, and the index, determining current sales conditions, increased by 2 points to 76. Meanwhile, the component measuring the movement of buyers fell by 1 point to 51.

Most components of the DOW index recorded a rise (20 out of 30). More shares fell shares Verizon Communications Inc. (VZ, -1.18%). The leader of growth was the shares of Johnson & Johnson (JNJ, + 2.91%).

All sectors of the S & P index finished trading in positive territory. The growth leader was the conglomerate sector (+ 1.8%).

At closing:

DJIA + 0.41% 20,982.73 +86.12

Nasdaq + 0.46% 6.149.67 +28.44

S & P + 0.48% 2.402.32 +11.42

U.S. stock-index futures were flat as optimism over a rally in oil prices was offset by concerns over a massive cyber attack that locked up 200,000 computers in more than 150 countries.

Stocks:

Nikkei 19,869.85 -14.05 -0.07%

Hang Seng 25,371.59 +215.25 +0.86%

Shanghai 3,090.23 +6.72 +0.22%

S&P/ASX 5,838.40 +1.50 +0.03%

FTSE 7,446.18 +10.79 +0.15%

CAC 5,399.25 -6.17 -0.11%

DAX 12,743.61 -26.80 -0.21%

Crude $49.43 (+3.32%)

Gold $1,235.80 (+0.66%)

(company / ticker / price / change ($/%) / volume)

Upgrades:

Cisco Systems (CSCO) upgraded to Overweight from Equal-Weight at Morgan Stanley

Johnson & Johnson (JNJ) upgraded to Overweight from Neutral at JP Morgan

Starbucks (SBUX) upgraded to Buy from Hold at Deutsche Bank

Downgrades:

Tesla (TSLA) downgraded to Equal-Weight from Overweight at Morgan Stanley

Other:

Europe's benchmark stock index managed to squeeze out a small gain after a choppy session on Friday, with an advance for French media company Vivendi SA and U.K. drug giant AstraZeneca PLC helping to push the benchmark higher for the week.

U.S. stocks closed slightly lower on Friday to record their first weekly retreat in nearly a month as investors weighed an uncertain political environment stemming from President Donald Trump's firing of former Federal Bureau of Investigation Director James Comey.

Asian stocks opened largely higher Monday as investors continued to shake off reasons to worry. Over the weekend, North Korea tested a new type of missile, and a global cyberattack hit computers in business, government and health care. But regional equities strength has persisted in recent weeks despite concerns including North Korea and China's economy, and continued Monday amid signs of investor hope regarding China.

(index / closing price / change items /% change)

Nikkei -77.65 19883.90 -0.39%

TOPIX -6.15 1580.71 -0.39%

Hang Seng +30.79 25156.34 +0.12%

CSI 300 +28.73 3385.38 +0.86%

Euro Stoxx 50 +13.97 3637.52 +0.39%

FTSE 100 +48.76 7435.39 +0.66%

DAX +59.35 12770.41 +0.47%

CAC 40 +22.00 5405.42 +0.41%

DJIA -22.81 20896.61 -0.11%

S&P 500 -3.54 2390.90 -0.15%

NASDAQ +5.27 6121.23 +0.09%

S&P/TSX -12.67 15537.88 -0.08%