Wall Street closes in the green as oil prices fall

Published:

Wall Street closes in the green as oil prices fall
Photo: Julia Demaree Nikhinson/AP/TT

But the trip there offered alternating optimism and pessimism about the possibility of a quick end to the Iran war and, as a result, volatile trading.

At the close, the Dow Jones Industrial Average had risen 0.6 percent, the broad-based S&P 500 index had climbed 0.2 percent and the tech-heavy Nasdaq had risen 0.1 percent.

Semiconductor giant Nvidia fell 1.8 percent. Despite a strong quarterly report after the stock market closed on Wednesday, investors had hoped for even better numbers.

Retail giant Walmart gave a weaker forecast for both the current quarter and the full year in its quarterly report than analysts had expected. The stock fell 7.3 percent.

The oil price fell by around 1 percent to around $97 per barrel for U.S. WTI and just under $104 for North Sea crude.

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...