US stocks close higher in first session of June

Economies.com
2020-06-01 22:44PM UTC

The major US stock indices rose on Monday, despite lingering concerns over the ongoing protests in the US.

 

Tensions between the US and China have eased relatively after the US blamed China for the coronavirus origin, and the new Chinese national security law in Hong Kong.

 

Otherwise, the US manufacturing PMI rose to 43.1 points in May vs. 41.5 points in April.

 

To the oil market, West Texas Intermediate crude fell 0.1% to close at $35.44 a barrel, after it hit an intraday high of $35.9 and a low of $34.2.

 

While Brent rose 1.3% to $38.2 a barrel, with a high of $38.3 and a low of $37.1.

 

As for stocks, Dow Jones rose 0.4% or 92 points to close at 25,475 , after it hit a day high 25,508 and a low 25,220.

 

Nasdaq rose 0.6% or 62 points to 9,552 points, with a high of 9,571 and a low of 9,492.

 

S&P 500 rose 0.4% or 11 points to 3,055 points, with a high of 3,062 and a low of 3,031.

American Markets News

Americas News

Markets

Wall Street stabilizes after data
2024-04-18 17:18PM UTC
US stock indices stabilized on Thursday following strong data that showed the Fed won’t be ...
Americas News

Markets

Wall Street resumes its decline as markets assess corporate earnings
2024-04-17 16:20PM UTC
US stock indices declined on Wednesday as markets assess corporate earnings and Fed Chair Jerome ...
Americas News

Markets

US stock indices edge lower, but Dow Jones ekes out gains
2024-04-16 15:00PM UTC
Most US stock indices lost ground on Tuesday with the exception of Dow Jones, amid a constant flux ...