Arab Today, arab today oil sector leads us stocks higher
Last Updated : GMT 02:18:35
Arab Today, arab today
Arab Today, arab today

Oil sector leads US stocks higher

Arab Today, arab today

Arab Today, arab today Oil sector leads US stocks higher

Big gains in petroleum stocks lifted US equity market Thursday
New York - AFP

Big gains in petroleum stocks lifted the US equity market Thursday as investors bet on more large energy mergers following Royal Dutch Shell's takeover of BG Group.
At the closing bell, the Dow Jones Industrial Average was at 17,958.66, up 56.15 points (0.31 percent).
The broad-based S&P 500 rose 9.19 (0.44 percent) to 2,091.09, while the tech-rich Nasdaq Composite Index gained 23.74 (0.48 percent) at 4,974.56.
Companies mentioned as takeover targets were in favor, including Anadarko Petroleum (+3.1 percent) and Devon Energy (+3.0 percent). Others that advanced included ConocoPhillips (+3.4 percent) and Marathon Oil (+2.9 percent).
The $70 billion Shell deal has "gotten everyone in the energy patch being discussed as either an acquirer or a seller," said Mace Blicksilver, director of Marblehead Asset Management.
The energy sector was further aided by a rise in oil prices. Oil services companies Halliburton and Schlumberger rose 2.7 percent and 4.1 percent, respectively.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil sector leads us stocks higher Arab Today, arab today oil sector leads us stocks higher

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil sector leads us stocks higher Arab Today, arab today oil sector leads us stocks higher

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday