NEW YORK (AP) - Shares of machinery companies closed down slightly Monday after oil prices rose to a new record above $120 a barrel.
Crude oil futures for June delivery surged to a new trading high of $120.21 a barrel on the New York Mercantile Exchange before pulling back. The jump followed news of an attack on a Nigerian oil facility.
Here's how some machinery stocks closed Monday:
Manitowoc Co., down 20 cents to $39.37.
Terex Corp., down 8 cents to $72.20.
Cummins Inc., up 69 cents to $67.82.
Caterpillar Inc., down 5 cents to $82.75.
Deere & Co., down 87 cents to $84.37.

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