Wall Street edges closer to record on earnings, oil | Reuters

NEW YORK Wall Street ended just 2 percent short of a record-high close on Wednesday as a rebound in oil prices added to optimism sparked by earnings reports that beat low expectations. The Dow Jones industrial average .DJI rose 43.63 points, or 0.24 percent, to 18,097.23, the S&P 500 .SPX gained 1.61 points, or 0.08 percent, to 2,102.41 and the Nasdaq Composite .IXIC added 7.80 points, or 0.16 percent, to 4,948.13

Reuters April 21, 2016 02:00:13 IST
Wall Street edges closer to record on earnings, oil
| Reuters

Wall Street edges closer to record on earnings oil
 Reuters

NEW YORK Wall Street ended just 2 percent short of a record-high close on Wednesday as a rebound in oil prices added to optimism sparked by earnings reports that beat low expectations.

The Dow Jones industrial average .DJI rose 43.63 points, or 0.24 percent, to 18,097.23, the S&P 500 .SPX gained 1.61 points, or 0.08 percent, to 2,102.41 and the Nasdaq Composite .IXIC added 7.80 points, or 0.16 percent, to 4,948.13.


(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)

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

Updated Date:

also read

Facebook has known for a year and a half that Instagram is bad for teens despite claiming otherwise
World

Facebook has known for a year and a half that Instagram is bad for teens despite claiming otherwise

Facebook's policy of pursuing profits regardless of documented harm has sparked comparisons to Big Tobacco, which knew in the 1950s that its products were carcinogenic but publicly denied it into the 21st century

Facebook's internal research revealed that Instagram is harmful for teens
News & Analysis

Facebook's internal research revealed that Instagram is harmful for teens

According to Facebook, parents can help by repeatedly talking to their teens about the difference between appearance and reality.

Daughter kidnapped by father reunites with mother after 14 years through Facebook
World

Daughter kidnapped by father reunites with mother after 14 years through Facebook

Their official meeting or reunion took place on Monday (13 September) in Texas, but the two had earlier met at the border last week. They met each other after communicating on social media.