Wall Street mixed as inflation concerns resurface energy stocks jump

(Reuters) – U.S. stock indexes were mixed on Monday as rising oil prices stoked concerns about more interest rate hikes from the Federal Reserve to temper inflation, while a jump in shares of energy firms helped stem losses. Saudi Arabia and other OPEC+ oil producers announced further output cuts of around 1.16 million barrels per day, threatening an immediate rise in prices. This comes just days after cooling inflation raised hopes that the Fed could soon end its aggressive monetary tightening. Major technology stocks and other growth shares such as Amazon.com Inc, Microsoft Corp and Alphabet Inc fell between 0.8%…