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U.S. stocks opened mostly lower Monday after a surprise cut in oil production by OPEC+. The Dow Jones Industrial Average DJIA was up 0.3% soon after the opening bell, while the S&P 500 SPX slipped 0.1% and the technology-heavy Nasdaq Composite COMP fell 0.6%, according to FactSet data, at last check. OPEC+ member countries including Saudi Arabia plan to cut more than 1 million barrels of oil production a day through the end of the year beginning in May.
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