A rally in energy stocks lifted the S&P 500 for third straight gain, with the index briefly rising 20% above its October closing low. Crude futures advanced 2.5%, as Saudi Arabia announced it will make an extra 1 million barrel-a-day supply cut in July, taking its production to the lowest level for several years. Chevron Corp. and Exxon Mobil Corp. were higher. Meanwhile, Apple Inc. added 1.0%, on track for an all-time closing high. The company is expected to launch a mixed-reality headset at the Worldwide Developers Conference on Monday, marking its most significant product launch in nearly a decade. Treasury yields rose […]
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