NEW YORK – Shares of some top telecom companies are up at 1 p.m.:
AT&T Inc. rose $.06 or .2 percent, to $34.59.
Verizon Communications Inc. rose $.07 or .1 percent, to $48.89.
Oil prices in the U.S. were in a steep decline on fears about the disruption of Middle East crude shipments from Yemen as conflict eased. Focused turned to the likelihood an Iranian nuclear deal by next week that could release more supply in the market.