Wednesday, 13 April 2016

US MARKET NEWS 14 APRIL 2016

Wall Street gained on Tuesday, led by surging energy shares that were buttressed by rising oil prices, as investors scooped up equities at the start of corporate earnings season. All 10 S&P sectors closed higher and the Dow industrials posted their best day in about a month.

The Dow Jones industrial average rose 164.84 points, or 0.94 percent, to 17,721.25, the S&P 500 gained 19.73 points, or 0.97 percent, to 2,061.72 and the Nasdaq Composite added 38.69 points, or 0.8 percent, to 4,872.09.

Wall Street's rocky start to 2016 was followed by a sharp rebound since mid-February and stocks are now slightly positive for 2016.


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