• İstanbul 15 °C
  • Ankara 15 °C

Wall Street rallies with oil prices rise, positive data

Wall Street rallies with oil prices rise, positive data
Indexes post biggest daily gain since March

NEW YORK (AA) - Wall Street posted massive gains Tuesday with a rise in oil prices and jump in new home sales in April.

The Dow Jones soared 213 points to end the day at 17,706 points. The S&P 500 rose 28 points to close at 2,076, while the Nasdaq was up 95 points to 4,861.

While the Dow and S&P posted their biggest daily gains since March 11, the Nasdaq recorded its largest daily increase since March 1.

At the final bell, American oil benchmark West Texas Intermediate was up 1.5 percent to $48.80 per barrel, while international benchmark Brent crude was around $48.83 with a one percent increase.

Meanwhile, new home sales in the U.S. rose by 88,000, or 16.6 percent, compared to the previous month to reach 619,000 in April. This was the biggest month in new home sales since January 2008.


source: News Feed
This news is a total 621 time has been read
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
This news yet comment has been added .
Other News
All Rights Reserved © May 2014 US Muslims | Unauthorized and the resources published.
Haber Scripti: CM Bilişim