Wall Street ends largely higher

Economies.com
2017-06-23 20:35PM UTC

US stock indices closed mixed but mostly higher as tech shares led NASDAQ to the first weekly profit in a month, while crude prices rebounded from ten-month lows, buoying energy shares and Standard and Poor's 500, as finance shares however weighed on Dow Jones today. 

 

Earlier US data showed the flash readings for both manufacturing and services PMIs down in June, while new home sales rose past expectations in May, and finally, Federal Open Market Committee member Jerome Powell spoke about "Central Clearing and Liquidity" at the Federal Reserve Bank of Chicago Symposium.

 

Dow Jones shed 0.01%, or 2.53 points to 21,394.76, while Standard and Poor's 500 rose 0.16%, or 3.80 points to 2,438.30, as NASDAQ Composite climbed 0.46%, or 28.56 points to 6,265.25. 

 

Gold futures due on August 15 rose 0.60% to $1,256.90 an ounce from the opening of $1,249.40, while the dollar index fell 0.34% to 97.26 from the opening of 97.59. 

 

Otherwise, US crude futures due on August 15 rose 0.84% to $43.10 a barrel from the opening of $42.74, while Brent crude futures due on the same date gained 0.97% to $45.66 a barrel from the opening of $45.22. 

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