Stocks Pared Losses and Ended Higher

U.S. stocks ended higher on Thursday, pushing past early losses caused by grim economic data and some weaker-than-expected earnings reports. The Dow Jones Industrial Average gained 33.33 points, or 0.14%, to 23,537.68. The S&P 500 added 16.19 points, or 0.58%, to 2,799.55. The Nasdaq Composite rose 139.19 points, or 1.66%, to 8,532.36.

Oil futures settled mixed on Thursday, with global benchmark prices up modestly for the session, but U.S. prices ending flat to hold ground at their lowest in over 18 years. U.S. benchmark WTI crude for May delivery settled at $19.87 a barrel. Global benchmark June Brent crude rose 13 cents, or 0.5%, to $27.82 a barrel.


Posted

in

by

Tags:

Comments

Leave a Reply