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U.S. Stocks Little Changed as Calm Descends After Volatile Week

  • S&P 500 headed toward its worst month in three years
  • Energy companies continue to rally as crude oil surges
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U.S. stocks ended little changed, with the Standard & Poor’s 500 Index on track for its worst month since May 2012, as equities found some respite from the wide swings prevalent earlier this week.

Energy companies advanced as oil capped its biggest two-day gain since 2009, with Chevron Corp. and Transocean Ltd rising more than 3.5 percent. Intel Corp. and Facebook Inc. gained at least 1.4 percent to boost technology shares. Wal-Mart Stores Inc. lost 1.7 percent, leading consumer staples lower amid a weaker consumer confidence reading. Pfizer Inc. and Johnson & Johnson slumped at least 1 percent to weigh on the health-care group. Freeport-McMoRan Inc. gained 3 percent after Carl Icahn took a stake in the company.