Tech leads US stocks higher; oil gains

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 83%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

NEW YORK -- US stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in US-China trade talks and inc

reasing geopolitical tensions sent oil prices climbing.

"I don't give much credence to the news," said Stephen Massocca, Senior Vice President at Wedbush Securities in San Francisco. "The chatter will continue, but we won't see anything substantive this year." "Brexit fears can be somewhat alleviated by a friendly European Central Bank, and it appears that's the way they're trending," said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama.

US crude settled at $56.22 per barrel, up 1.06 percent, while Brent settled at $63.26, gaining 1.26 percent on the day.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines