Energy Stocks Rebound, Dow at New Record High

December 2nd, 2014
in Gary's blogging, market close, syndication

Written by

Closing Market Commentary For 02 December 2014

Gary is off , and the market close comes from our syndication partner Investing.com.

U.S. stocks rose on Tuesday, with the Dow industrials closing at a record led by gains in the energy sector, and as Biogen rallied on news about an experimental treatment for Alzheimer's disease.

The Dow Jones industrial average (DJI) rose 102.75 points, or 0.58 percent, to 17,879.55, the S&P 500 (SPX) gained 13.11 points, or 0.64 percent, to 2,066.55 and the Nasdaq Composite(IXIC) added 28.46 points, or 0.6 percent, to 4,755.81.


Follow up:

An upbeat U.S. construction gauge and better-than-expected data on car sales on Monday added support for the energy rebound Tuesday.

Read this entire story from Reuters at Investing.com.

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Written by Gary









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