Tuesday, 02 January 2024 12:17 GMT

Dow dials up another triple digit gain


(MENAFN- ProactiveInvestors)

Wall Street was a sea of green arrows overnight as investors headed back into the equity market following a bounce in the crude oil price.

The Dow Jones jumped 185 points to 17603. The S&P 500 rallied 25 points to 2064 while the NASDAQ climbed 45 points to 5046.


Oil jumps gold eases

The U.S. benchmark once again holds a higher value than its international counterpart.

West Texas Intermediate soared 3.8% to US$37.50 a barrel while Brent climbed 3.6% to US$37.42 a barrel.

U.S. gold futures for February delivery gave up 0.5% overnight to US$1068 an ounce.

For 2015 the yellow metal is down close to 10%.

 

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