Wall Street closes higher despite rising oil prices

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Wall Street closes higher despite rising oil prices
Photo: Richard Drew /AP/TT

At the close, the Dow Jones Industrial Average had risen 0.1 percent, the broad S&P 500 index 0.3 percent, and the tech-heavy Nasdaq Composite Index 0.4 percent.

Chipmaker Nvidia - the world's most valuable listed company - rose around 6 percent after announcing a new chip for personal computers.

Earlier on Monday, Iranian state-controlled media reported that Tehran had suspended negotiations with the United States.

In the wake of this, the price of a barrel of North Sea oil (Brent) rose sharply and was around $95 per barrel at 10 p.m.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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