[NEW YORK] Wall Street stocks finished higher on Monday, with gains from petroleum companies and banks more than offsetting another drop in Boeing shares.The broad-based S&P 500 gained 0.4 per cent to end at 2,832.94, while the tech-rich Nasdaq Composite Index rose 0.3 per cent to 7,714.48.
Oil-linked shares prospered with higher crude prices. Halliburton jumped 3.2 per cent, Exxon Mobil 1.2 per cent and Apache 1.6 per cent. Marriott rose 2.2 per cent after releasing a plan to add between 275,000 and 295,000 new hotel rooms by 2021, an expansion that could lift annual revenues by US$700 million.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »