Wall Street closes higher despite rising oil prices

Published:

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.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...