Stocks Ended Higher amid Stimulus Talks
- Thursday, October 22, 2020, 16:21
- Stock Market
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U. S. stocks ended higher on Thursday after Pelosi said negotiators were ‘just about there’ on stimulus agreement. The Dow Jones Industrial Average rose 152.84 points, or 0.54%, to 28,363.66. The S&P 500 advanced 17.93 points, or 0.52%, to 3,453.49. The Nasdaq Composite gained 21.31 points, or 0.19%, to 11,506.01.
Oil futures ended higher on Thursday, as a fall in U.S. weekly jobless claims to a new pandemic low and progress toward a fresh coronavirus aid package boosted prospects for energy demand. West Texas Intermediate crude for December delivery rose 61 cents, or 1.5%, to settle at $40.64 a barrel. December Brent crude added 73 cents, or nearly 1.8%, at $42.46 a barrel.
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