The price of oil stabilized around $106 a barrel, while pump prices fell to their lowest level in a month. Benchmark oil for September delivery was up 6 cents to $106.03 a barrel in midday trading on the New York Mercantile Exchange. The contract had jumped $2.57, or 2.5 percent, on strong industrial production data from China.
Federal authorities say Hannah Anderson, the 16-year-old girl who was abducted last week and rescued in Idaho, has returned to California with her father.
Mining companies and a handful of acquisitions were in focus on an otherwise quiet day on the stock market.Gold rose for a fourth day on reports of increased demand from China and silver gained the most in three weeks.