Tag: Oil shares

Oil shares close higher, boosting US stocks

NEW YORK, United States (AFP) — Wall Street stocks finished modestly higher Wednesday as a rally in petroleum-linked shares offset the hit from weak Chinese economic data. After a choppy session that began with deep losses, the Dow Jones Industrial Average finished the session with a 0.1 percent gain at 23,346.24. The broad-based S&P 500 also edged up 0.1 percent to 2,510.03, while the tech-rich Nasdaq Composite Index rose 0.5 percent to 6,665.94. Markets began […]