Stock Market News and Updates

  • Friday 19th August 2016

    Global Markets

    US - U.S. stocks ended higher Thursday, boosted by a further rise by oil futures and strong economic data that helped offset uncertainty about the timing of the next Federal Reserve interest-rate hike. The S&P 500 SPX, +0.22% gained 5 points, or 0.2%, to 2,186, led by gains in energy and utilities shares. The Dow industrials DJIA, +0.13% climbed 22 points, or 0.2%, to 18,596. Wal-Mart Stores Inc. WMT, +1.88% and Chevron Corp. CVX, +1.30% were the two best performers on the blue-chip gauge. The Nasdaq Composite COMP, +0.22% added 12 points, or 0.2%, to 5,240. Oil futures CLU6, +0.25% stretched their winning streak to a sixth session, settling at their highest levels in two months.

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