Wall Street Turns Positive As Oil Powers Energy Stocks


– U.S. stocks reversed course to trade higher on Thursday as energy shares climbed after oil prices hit $80 per barrel for the first time since November 2014.

At 10:53 a.m. EDT, the Dow Jones Industrial Average .DJI was up 52.92 points, or 0.21 percent, at 24,821.85. The S&P 500 .SPX was up 8.13 points, or 0.30 percent, at 2,730.59 and the Nasdaq Composite .IXIC was up 20.55 points, or 0.28 percent, at 7,418.84.

(Reporting by Medha Singh in Bengaluru; Editing by Anil D’Silva)

Leave a Reply

Your email address will not be published. Required fields are marked *