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US stocks try for 4th straight gain, energy among early leaders


Tuesday, 3 July 2018 20:48 WIB

DOW JONESS & P 500SahamAS


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US stocks opened higher on Tuesday, setting major indexes up for a fourth straight day of gains as investors looked past ongoing trade uncertainty in a holiday-shortened session. The Dow Jones Industrial Average rose 0.3% to 24,386. The S&P added 0.3% to 2,734. The Nasdaq Composite Index rose 0.3% to 7,593.

The stock market will close at 1 p.m. Eastern Time and it will be closed Wednesday for the Fourth of July holiday, reopening on Thursday with regular hours. Contributing to the positive tone on the day was a last-minute deal on immigration in Germany, which allowed the country to step back from a crisis that could have cost Chancellor Angela Merkel her position as leader.

The day's gains were broad, and energy stocks were among the biggest early gainers, rising alongside a 1.5% increase in the price of crude oil. Among specific stocks, Exxon Mobil Corp. added 1.1% and Chevron Corp. added 1.1%.

Source : Marketwatch


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