Stocks Ended Slightly Higher on Hopes for Economic Recovery
- Monday, June 1, 2020, 16:47
- Stock Market
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U.S. stocks ended slightly higher on Monday, as the potential for an economic rebound overshadowed strife in American cities that has sparked chaos and curfews. The Dow Jones Industrial Average rose 91.91 points, or 0.36%, to 25,475.02. The S&P 500 added 11.42 points, or 0.38%, to 3,055.73. The Nasdaq Composite gained 62.18 points, or 0.66%, to 9,552.05.
U.S. benchmark oil futures settled lower and Global benchmark oil prices finished higher on Monday. West Texas Intermediate crude for July delivery lost 5 cents, or 0.1%, to settle at $35.44 a barrel. Brent saw its August contract edged up by 48 cents, or 1.3%, to $38.32 a barrel.
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