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VOL. 39 | NO. 50 | Friday, December 11, 2015
A late buying burst leaves US stocks higher after wobbly day
NEW YORK (AP) — A late burst of buying left U.S. stock indexes higher at the closing bell after a day of wavering between small gains and losses.
Oil stocks did well Monday after the price of crude shook off a long string of losses and turned higher. Chevron rose 3 percent and Exxon Mobil gained 2 percent, the most in the Dow Jones industrial average.
Natural gas prices sank to their lowest level since September 2001. Traders blame unusually warm winter weather in the U.S. Natural gas is commonly used to heat homes.
The Dow rose 103 points, or 0.6 percent, to 17,368.
The Standard & Poor's 500 index climbed nine points, or 0.5 percent, to 2,021. The Nasdaq composite rose 18 points, or 0.4 percent, to 4,952.