Stocks Ended Higher as Apple Extended Gains
- Monday, May 7, 2018, 16:35
- Stock Market
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U.S. stocks ended higher on Monday, boosted by Apple’s sixth straight day of gains. The Dow Jones Industrial Average rose 94.81 points, or 0.39%, to 24,357.32. The S&P 500 gained 9.21 points, or 0.35%, to 2,672.63. The Nasdaq Composite added 55.60 points, or 0.77%, to 7,265.21.
Oil prices climbed Monday, with the U.S. benchmark closing above $70 a barrel for the first time since late 2014, then pulling back in electronic trading after U.S. President Donald Trump said he’ll announce a decision Tuesday on the Iranian nuclear deal. June West Texas Intermediate crude oil rose $1.01, or about 1.5%, to settle at $70.73 a barrel. July Brent crude added $1.30, or 1.7%, to $76.17 a barrel.
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