Stocks Opened Higher as North Korea Tensions Eased
- Monday, August 14, 2017, 9:54
- Stock Market
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U.S. stocks rallied at the open on Monday, as tensions on the Korean peninsula eased slightly. The Dow Jones Industrial Average lately rose 118.78 points, or 0.54%, to 21,977.10. The S&P 500 advanced 19.26 points, or 0.79%, to 2,460.58. The Nasdaq Composite rose 57.51 points, or 0.92%, to 6,314.06.
Oil futures headed modestly lower on Monday, with continued concerns over a supply glut keeping prices under pressure after reports last week showed a rise in OPEC oil production. Crude oil for September delivery lost 32 cents, or 0.7%, to $48.50 a barrel. Brent oil for October declined 40 cents, or 0.8%, to $51.70 a barrel.
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