Wall Street eked out gains, bolstered by bank stocks, while oil prices slid for the first time since OPEC's agreement to lower output.
In 1.24pm trading in New York, the Dow Jones Industrial Average eked out a 0.06 per cent gain, while the Nasdaq Composite Index added 0.11 per cent. In 1.09pm trading, the Standard & Poor's 500 Index gained 0.19 per cent.
The Dow moved higher as advances in shares of Verizon Communications and those of Goldman Sachs, recently up 1.3 per cent each respectively, outweighed slides in shares of Nike and those of Visa, down 2.8 per cent and 0.6 per cent respectively.
Wells Fargo shares rose, trading 1.4 per cent higher as of 1.20pm in New York. Chief Executive Officer Tim Sloan said the bank's profits were likely to be hit in the short term by higher interest rates but that longer term the hike would be beneficial, according to Reuters.
"You've got a lot of overbought individual components, especially in a rising rate environment, so any bad news, including Trump tweeting on Boeing, is going to have a big impact on the market," Phil Davis, CEO of PSW Investments, told Reuters.