Tuesday, 15 November 2016

Wall Street rises, lifted by technology and energy stocks

Wall Street

Wall Street Market Update

US stocks rose on Tuesday, with the Dow registering its fourth consecutive record high close as tech stocks rebounded from a post-election battering and energy stocks were boosted by a sharp rise in oil prices.

The Dow Jones industrial average extended its rally to seven days after it turned positive in late trading, while oil futures continued their rise and investors kept piling into technology stocks.

The Dow Jones industrial average rose 54.37 points, or 0.29 percent, to 18,923.06, the S&P 500 gained 16.19 points, or 0.75 percent, to 2,180.39 and the Nasdaq Composite added 57.23 points, or 1.1 percent, to 5,275.62.
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