Easing oil prices help send stocks higher at the end of a record-setting week
local10 · united states of america · north america
NEW YORK (AP) — Lower oil prices are helping to propel the U.S. stock market to the finish of a record-setting week, but financial markets remain indecisive. The S&P 500 rose 0.3% early Friday and clawed back some of its two straight days of losses since setting its all-time high. The Dow Jones Industrial Average rose 82 points, and the Nasdaq composite climbed 0.6%. The moves were tentative as oil prices continue to yo-yo because of uncertainty about when the war with Iran will allow the global energy industry to return to normal. Treasury yields flipped up and down in the bond market.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.