04:00 PM EST, 12/02/2024 (MT Newswires) -- US benchmark equity indexes ended mixed Monday as traders assessed two reports showing that the manufacturing sector remained in contraction in November.

* The Institute for Supply Management's manufacturing purchasing managers' index rose to 48.4 last month from 46.5 in October. Separately, S&P Global ( SPGI ) said its US manufacturing PMI increased to 49.7 in November from 48.5 the month prior.

* S&P 500 companies' latest quarterly earnings are up 8.2% from a year earlier, while revenue has grown 5.1%, indicating a "robust" performance as the reporting cycle nears its end, Oppenheimer Asset Management said in a Monday note to clients.

* January West Texas Intermediate crude oil closed up $0.10 to settle at $68.10 per barrel, while February Brent crude, the global benchmark, was last seen down $0.10 to $71.74 as China reported factory activity rose the most in five months in November while fresh violence in the Middle East added to geopolitical risk ahead of Thursday's OPEC+ meeting.

* Applied Materials ( AMAT ) shares jumped nearly 5% even as the US announced new export controls intended to further hinder China's capability to produce advanced-node semiconductors for military applications and artificial intelligence.

* US-listed shares of Stellantis ( STLA ) slumped 6.4% after the automaker said Sunday that CEO Carlos Tavares resigned more than a year before his contract was set to expire.