US stocks head a bit lower on Wall Street and crude oil rises after OPEC+’s production increase

NEW YORK (AP) — U.S. stocks are drifting lower and giving back a small bit of their sprint through May, which was their best month since 2023. The S&P 500 was 0.3% lower in early trading Monday. The Dow Jones Industrial Average was down 174 points, or 0.4%, and the Nasdaq composite was down 0.2%. The price of crude oil jumped more than 4%. The countries in the OPEC+ alliance decided to increase their production again, but analysts said investors were widely expecting it. Attacks by Ukraine in Russia over the weekend also helped raise uncertainty about the flow of…