Stocks rise on Wall Street, led by tech companies and banks; oil is up again

The idea was simple: Nile Niami would build and sell The One, the biggest and most extravagant new home in the country. Then things went sideways.

Energy prices continued rising. U.S. oil rose 1.7% to $78.93 per barrel. Natural gas futures jumped 9.5%. Rising energy prices have been steadily pushing gasoline prices higher. The average price for a gallon of gas in the U.S. is $3.20, up more than $1 from a year ago, according to AAA.The rise in energy prices helped lift oil company shares. Chevron rose 1.1% and Hess rose 1.6%.

The market has been choppy for weeks as investors try to gauge how the economy will continue its recovery with COVID-19 crimping consumer spending and job growth. Inflation concerns have been driving much of the up-and-down shifts for technology companies and the broader market.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Japan stocks set to bounce following Wall Street reboundMainland Chinese markets remain closed on Wednesday for the holidays. wow Didnt age well at all 🤡
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

Wall Street mourns one of stock market’s ‘brightest minds, biggest hearts’ after car accident“It is his spirit, his compassion and his humanity for which he will truly be remembered and cherished by all of us.” After prominent analyst Tobias Levkovich died, his Wall Street colleagues mourned. good
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »