Monday 14 December 2015

US MARKET NEWS 15 DECEMBER 2015

US stocks recovered from early losses on Monday to close higher, helped by firmer oil prices, as investors awaited an expected Federal Reserve interest rate hike later in the week.

The Dow Jones industrial average rose 103.29 points, or 0.6 percent, to 17,368.5, the S&P 500 gained 9.57 points, or 0.48 percent, to 2,021.94 and the Nasdaq Composite added 18.76 points, or 0.38 percent, to 4,952.23.

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