Stocks Ended Higher, Led by Tech and Banks

U.S. stocks closed higher on Thursday, as technology and financial stocks led a broad move higher. The Dow Jones Industrial Average rose 98.46 points, or 0.41%, to 24,216.05. The S&P 500 gained 16.68 points, or 0.62%, to 2,716.31. The Nasdaq Composite added 58.60 points, or 0.79%, to 7,503.68.

Oil prices climbed Thursday, with the U.S. benchmark again marking its highest level since 2014 in the wake of the biggest weekly decline of the year for domestic crude supplies and ongoing global output risks. August West Texas Intermediate crude added 69 cents, or nearly 1%, to settle at $73.45 a barrel. August Brent crude rose 23 cents, or 0.3%, to $77.85 a barrel.

President Donald J. Trump’s visit Thursday to a planned Foxconn factory in Wisconsin will most likely focus on the 13,000 jobs the plant is expected to bring to the area. But environmentalists are worried about the factory’s environmental side effects.

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