U.S. stocks ended modestly higher on Thursday, buoyed by popular technology companies including Facebook and Alphabet. The Dow Jones Industrial Average rose 99.14 points, or 0.41%, to 24,240.05. The S&P 500 gained 9.29 points, or 0.35%, to 2,638.56. The Nasdaq Composite added 41.64 points, or 0.61%, to 6,812.02.
Oil prices ended higher ont Thursday after dropping to a three-week low. January West Texas Intermediate crude rose 73 cents, or 1.3%, to settle at $56.69 a barrel. February Brent crude added 98 cents, or 1.6%, to $62.20 a barrel.
American consumers increased their borrowing by $20.5 billion in October. It was the biggest gain in 11 months and reflected strong increases in the use of credit cards and in auto and student loans.
Leave a Reply
You must be logged in to post a comment.