Nov. 16 (Bloomberg) -- U.S. stocks trimmed early losses as energy and technology companies reversed declines and the euro recovered from a drop of as much as 0.8 percent. Crude oil surged to a five-month high.
The Standard & Poor’s 500 Index slipped 0.2 percent to 1,254.87 at 11:08 a.m. in New York after tumbling as much as 1.1 percent. The euro was down less than 0.1 percent at $1.3533. Crude oil climbed as much as 2.9 percent to $102.28 a barrel as Enbridge Inc. said it will reverse the direction of the Seaway pipeline, opening an outlet for crude from the central U.S. and Canada.
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