US stocks close slightly higher as low oil prices hit energy sector

2019-06-17 21:51:48 GMT (Economies.com)
US stocks close slightly higher as low oil prices hit energy sector

US stocks rose slightly during today's trading amid pressure on the energy sector as a result of the decline in oil prices in addition to negative statements by President Donald Trump.

 

President Trump said that if he were not re-elected as president of the United States for a second term in the 2020 election, the US stock market could collapse violently.

 

In a similar manner, Trump said previously that if the Federal Reserve had not raised its interest rate fourfold in 2018, Wall Street would have risen by between 5,000 and 10,000 points.

 

In the crude market, West Texas fell 1.1% to close at $51.93 per barrel, with a high of $52.7 and a low of $51.5.

 

Brent fell 1.7% to $60.94 a barrel, the highest at $62.3 and the lowest at $60.7.

 

Dow Jones Industrial Average rose 0.09% (equivalent to 23 points) to 26,122 points, reaching a high of 26,165 points and a low of 26,049 points.

 

Nasdaq rose 0.6% (48 points) to 7845 points, reaching a high of 7865 points and a low of 7812 points.

 

Standard & Poor's rose 0.09% (2 points) to 2,889 points, with the highest level at 2,897 points and the lowest level at 2,887 points.

 
 
 
  Symbol Last Change Chg.%
1.1260
-0.0013
0.1171%
1.2516
-0.0059
0.4680%
15.389
0.171
1.124%
59.547
-0.785
1.301%
66.47
0.00
0.00%
1413.375
-2.120
0.150%
 
 
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