Commodities

___ Tech giants lead rally as stocks near records; Amazon surges NEW YORK (AP) — US stocks set more records as major technology companies like Microsoft and Google parent company Alphabet lead the charge after they reported strong quarterly results.

Oil prices rose more 1 percent on Friday on support among the world's top producers for extending a deal to cut output and as the dollar retreated from three-month peaks.

Strong earnings from tech giants and Apple's upbeat statement on its iPhone X demand lifted the Nasdaq Composite index 2 percent and led the gains on Wall Street.

Wheat for Dec. was off 4.50 cents at 4.2725 a bushel; Dec. corn fell 1.75 cents at 3.4875 bushel; Dec. oats was up 2.75 cents at $2.6525 bushel; while Nov. soybeans rose 4 cents at $9.7525 a bushel.

Wheat for Dec. was off 4.50 cents at 4.2725 a bushel; Dec. corn fell 1.75 cents at 3.4875 bushel; Dec. oats was up 2.75 cents at $2.6525 bushel; while Nov. soybeans rose 4 cents at $9.7525 a bushel.

Grain futures were mixed Friday in early trading on the Chicago Board of Trade.

Chevron Corp reported a lower-than-expected quarterly profit on Friday as U.S. production slipped, offsetting a rise in oil and natural gas prices.

Chevron Corp reported a lower-than-expected quarterly profit on Friday as U.S. production slipped, offsetting a rise in oil and natural gas prices.

Exxon is reporting third-quarter net income of $3.97 billion, with the price of U.S. crude futures up 5 percent this year.

Exxon is reporting third-quarter net income of $3.97 billion, with the price of U.S. crude futures up 5 percent this year.

Exxon Mobil Corp, the world's largest publicly traded oil producer, posted a higher-than-expected quarterly profit on Friday as higher crude and natural gas prices more than offset the effects of a major hurricane on U.S. operations.

Exxon Mobil Corp, the world's largest publicly traded oil producer, posted a higher-than-expected quarterly profit on Friday as higher crude and natural gas prices more than offset the effects of a major hurricane on U.S. operations.

Shares in Asia posted strong gains early Friday, tracking the upbeat session overnight on Wall Street.

Shares in Asia posted strong gains early Friday, tracking the upbeat session overnight on Wall Street.

Italian oil and gas company Eni returned to a profit in the third quarter as crude oil prices nudge upward after OPEC production cuts.

U.S. stocks are edging higher Thursday morning as technology companies and banks advance.

___ House backs $4T budget, faces challenges on Trump tax plan WASHINGTON (AP) — Republicans powered a $4 trillion budget through the House on Thursday, but only by a razor-thin margin that underscored the difficulties ahead on delivering President Donald Trump's promise to cuts taxes.

___ House backs $4T budget, faces challenges on Trump tax plan WASHINGTON (AP) — Republicans powered a $4 trillion budget through the House on Thursday, but only by a razor-thin margin that underscored the difficulties ahead on delivering President Donald Trump's promise to cuts taxes.

Brent crude closed at a 27-month high on Thursday as the market focused more on comments from Saudi Arabia about ending a global supply glut instead of an unexpected increase in U.S. crude inventories and high U.S. production and exports.

Brent crude closed at a 27-month high on Thursday as the market focused more on comments from Saudi Arabia about ending a global supply glut instead of an unexpected increase in U.S. crude inventories and high U.S. production and exports.