Oil, energy stocks lift Wall St after U.S. quits Iran deal

Oil, energy stocks lift Wall St after U.S. quits Iran deal

NEW YORK (Reuters) - Wall Street rallied on Wednesday as surging oil prices boosted energy stocks <.SPNY> following U.S. President Donald Trump's decision the previous day to quit a nuclear deal with Iran.

The Dow Jones Industrial Average <.DJI> rose 182.88 points, or 0.75 percent, to 24,543.09, the S&P 500 <.SPX> gained 25.88 points, or 0.97 percent, to 2,697.8 and the Nasdaq Composite <.IXIC> added 73.00 points, or 1 percent, to 7,339.91.

(Reporting by Noel Randewich; Editing by Chizu Nomiyama)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: May 10, 2018 02:05 AM

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