U.S. Stocks Rise, Despite Slide in Oil Prices - News Summed Up

U.S. Stocks Rise, Despite Slide in Oil Prices


U.S. stocks rose Tuesday, boosted by gains in technology and consumer shares. Meanwhile, a fall in oil prices weighed on energy shares as investors remained skeptical major producers could reach a deal to limit production. Tech shares rose 1.1% in the S&P 500. Shares of oil and gas companies fell as U.S. crude dropped 3% to $44.57 a barrel, giving back some of Monday’s gains. ADN -2.02 %Despite the day’s gains, the peso has fallen nearly 12% against the dollar so far this year.


Source: Wall Street Journal September 27, 2016 07:39 UTC



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