New York Stock Market Opens Higher on Falling International Oil prices... Financials and Consumer Basics Weak
4 Articles
4 Articles
The New York stock market opened higher, boosted by falling international oil prices. While financial and consumer basics sectors showed weakness, all other sectors were strong. As of 9:56 a.m. on the 17th (local time), the Dow Jones 30 Industrial Average on the New York Stock Exchange was at 51,688.35, up 226.45 points (0.44%) from the previous close. The Standard & Poor's (S&P) 500 index was up 70.37 points from the previous close
European and US stock markets are in a positive mood on Thursday, boosted by falling oil prices.
As international oil prices turn downward and investor sentiment improves, centered on technology stocks, the three major indices of the New York stock market are all rising on the 17th (local time).
The New York stock exchange opened higher today, driven by falling oil prices and bond yields. At the open, the Dow Jones index rose 0.82 percent to 51,882.53 points.
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