NEW YORK: US stocks rises to record high led by energy and small cap shares.
Best Buy (BBY) Co. jumped 7 percent as demand for televisions and tablets helped the retailer post a surprise sales gain. Dollar Tree Inc. advanced 5.2 percent after reporting third-quarter earnings that beat analysts’ estimates. Energy stocks rose the most of 10 groups in the S&P 500 as crude oil gained for the first time in four days. Intel Corp. led chipmakers higher after raising its dividend.
The Standard & Poor’s 500 Index (SPX) rose 0.2 percent to a record 2,052.75 at 4 p.m. in New York, erasing an earlier loss. The Dow Jones Industrial Average added 33.27 points, or 0.2 percent, to 17,719, also an all-time closing high. The Russell 2000 Index of smaller companies climbed 1.1 percent. About 5.7 billion shares traded hands on U.S. exchanges, 12 percent below the three-month average.
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
