Dow ends 2% higher as US stocks rally with oil prices

NEW YORK - Wall Street stocks bounced on Wednesday , recovering some of the losses from a two-session slide as US oil prices rallied following a volatile session.The broad-based S&P 500 gained 2.3 per cent to 2,798.70, while the tech-rich Nasdaq Composite Index jumped 2.8 per cent to 8,495.38.

Still, analysts consider the oil market highly vulnerable to further weakness due to elevated US crude inventories that are near capacity level. "We all can assume that by the end of June, the country will be pretty much open again, but we don't know," said Maris Ogg of Tower Bridge Advisers.

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US stocks end sharply down for 2nd straight day, Dow down 2.7%NEW YORK (AFP) - Wall Street stocks tumbled for a second straight session on Tuesday (April 21) as worries about chaos in the oil market overshadowed progress in Washington on additional relief for small businesses.. Read more at straitstimes.com.
منبع: The Straits Times - 🏆 8. / 63 ادامه مطلب »

US: Stocks end sharply down for second straight day, Dow -2.7%[NEW YORK] Wall Street stocks tumbled for a second straight session on Tuesday as worries about chaos in the oil market overshadowed progress in Washington on additional relief for small businesses. Read more at The Business Times.
منبع: BusinessTimes - 🏆 15. / 51 ادامه مطلب »