Shares of energy companies ticked down as traders awaited developments in Gaza.
The Israeli military began an assault on the city of Rafah in Southern Gaza amid pressure on both sides to reach a ceasefire agreement.
Oil futures settled higher, finding support after a brief dip to their lowest levels in about eight weeks, as U.S. government data showed an unexpected weekly decline in domestic crude inventories.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-08-24 1719ET
