U.S stocks ended mostly higher on Thursday, with the Nasdaq closing in negative territory, as U.S. Treasury yields eased. The Dow Jones Industrial Average advanced 164.70 points, or 0.66%, to 24,962.48. The S&P 500 rose 2.63 points, or 0.10%, to 2,703.96. The Nasdaq Composite shed 8.14 points, or 0.11%, to 7,210.09.
Oil futures turned higher Thursday after government data showed an unexpected drop in crude inventories last week. West Texas Intermediate crude oil for April delivery gained $1.09, or 1.8%, at $62.77 a barrel. Brent crude rose 97 cents, or 1.5%, to settle at $66.39 a barrel.
Hewlett Packard Enterprise Co. (HPE)’s quarterly results and outlook topped Wall Street estimates. The company reported first fiscal quarter net income of $1.44 billion, or 89 cents a share, compared with $267 million, or 16 cents a share, in the year-ago period. Revenue rose to $7.67 billion from $6.9 billion in the year-ago period.
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