The Dow ended above 18,000 for the first time since April on Wednesday as declines in the dollar lifted some commodity-related shares and boosted the outlook for multinationals.
The S&P 500 materials index climbed 0.6 percent following gains in copper and gold prices. Energy shares were lower despite a jump in oil prices. The benchmark S&P 500, up for a third straight session, is now about 12 points shy of its all-time closing high of 2,130.82.
Helping sentiment was a weaker dollar, which tends to benefit US multinationals that derive a large portion of their sales from overseas. The S&P industrials index rose 0.7 percent, the day's best-performing S&P index.
For More Information Stock advisory company indore,stock market news,stock advisory tips,best stock advisory company in indore, Stock Future tips, Nifty Future Tips,Bullion tips And call us ;-9827808090
The S&P 500 materials index climbed 0.6 percent following gains in copper and gold prices. Energy shares were lower despite a jump in oil prices. The benchmark S&P 500, up for a third straight session, is now about 12 points shy of its all-time closing high of 2,130.82.
No comments:
Post a Comment