Stocks Indexes Rise as Oil Prices Drop
Equity markets turned positive after a midday reversal saw energy prices fall, providing support to stock indexes. The S&P 500 rose by +0.15%, the Dow Jones Industrial Average gained +0.34%, and the Nasdaq 100 Index increased by +0.14%. Mixed economic data showed strength in manufacturing and housing activity but weakness in business outlook surveys.
Topics: Dow Jones economic data Nasdaq oil prices S&P 500