Wall Street buoyed by upbeat manufacturing data
2017-01-03 15:51:36 GMT (Economies.com)
Wall Street buoyed by upbeat manufacturing data

U.S. stock indices rose on Tuesday on the back of strong manufacturing data, while crude prices gained ground today, underpinning stocks further.
 
Crude prices rose today as global oil producers stick to their deal with OPEC to cut production, which buoyed prices, in turn helping energy and oil shares on Wall Street.
 
On the other hand, earlier U.S. manufacturing data bested expectations handily in December, buoying industrial stocks.
 
investors on Wall Street are still digesting the Federal Reserve's rate hike, and to calculate its impact on markets in  the coming months.
 
Standard and Poor's 500 rose 0.92%, or 24.04 points to 2,262.87, while Dow Jones climbed 0.82%, or 161.89 points to 19,924.49.
 
Tech-heavy NASDAQ surged 1.18%, or 63.46 points to 5,446.57.

 
 
 
USD to Arab Currencies
Yemen249.9500
UAE3.6728
Tunisia2.3053
Syria514.9800
Sudan6.4077
Saudi Arabia3.7488
Qatar3.6405
Oman0.3848
Morocco9.9710
Libya1.4283
Lebanon1505.4000
Kuwait0.3048
Jordan0.7080
Iraq1181.0000
Egypt18.6000
Bahrain0.3769
Algeria109.5710