Stocks Ended Mostly Higher, Driven by Apple, Tech
- Thursday, August 2, 2018, 16:30
- Stock Market
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U.S. stocks closed mostly higher on Thursday on the back of strong technology shares as Apple Inc. became the first U.S. company to hit a $1 trillion market capitalization. The Dow Jones Industrial Average fell 7.66 points, or 0.03%, to 25,326.16. The S&P 500 gained 13.86 points, or 0.49%, to 2,827.22. The Nasdaq Composite added 95.40 points, or 1.24%, to 7,802.69.
Oil futures finished higher Thursday, as data reportedly showing a dip in stockpiles at the domestic delivery hub at Cushing, Okla., helped provide a boost to prices. September West Texas Intermediate crude rose $1.30, or 1.9%, to settle at $68.96 a barrel. October Brent crude added $1.06, or 1.5%, to $73.45 a barrel.
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