Arab Today, arab today oil shares lead us stocks up after paris attacks
Last Updated : GMT 09:13:49
Arab Today, arab today
Arab Today, arab today

Oil shares lead US stocks up after Paris attacks

Arab Today, arab today

Arab Today, arab today Oil shares lead US stocks up after Paris attacks

US stocks exchange
New York - AFP

Big gains by petroleum-linked equities helped lift US stocks Monday in the first session after the terror attacks in Paris late Friday.

Dow members ExxonMobil and Chevron (Swiss: CVX.SW - news) gained 3.6 percent and 4.4 percent, while ConocoPhillips (NYSE: COP - news) jumped 4.9 percent as oil prices rallied on reports that US-led coalition jets were targeting the Islamic State group's oil operations in retaliation for Friday's deadly attacks.

The Dow Jones Industrial Average finished up 237.77 points (1.38 percent) at 17,483.01.

The broad-based S&P 500 jumped 30.15 (1.49 percent) to 2,053.19, while the tech-rich Nasdaq Composite Index advanced 56.73 (1.15 percent) to 4,984.62.

The gains came as equity markets in Europe ended either positive or well above session lows, demonstrating "some impressive resolve" following the Paris attacks, said Briefing.com analyst Patrick O'Hare.

Starwood Hotels & Resorts Worldwide (NYSE: HOT - news) fell 3.6 percent as it agreed to be acquired by Marriott International (NasdaqGS: MAR - news) for $12.2 billion. A Morgan Stanley (Xetra: 885836 - news) note expressed surprise that the price was not higher. Marriott rose 1.4 percent.

Tourism-related stocks were generally down on expectations of lower traffic due to the attacks. American Airlines (Xetra: A1G.DE - news) lost 1.4 percent, while Delta Air Lines (NYSE: DAL - news) shed 2.2 percent. Expedia (NasdaqGS: EXPE - news) dropped 2.1 percent and Priceline 2.4 percent.

Weapons makers advanced, with Northrop Grumman adding 4.4 percent and Lockheed Martin (Swiss: LMT.SW - news) 3.5 percent.

US-listed Chinese online retailer JD.com jumped 7.7 percent after projecting fourth-quarter sales as much as 51 percent above the year-ago levels. Other Chinese stocks also rose. Alibaba climbed 3.2 and Baidu (Xetra: A0F5DE - news) 2.5 percent.

Among larger gainers in the technology sector, Apple (LSE: 0R2V.L - news) rose 1.6 percent, Netflix (Xetra: 552484 - news) 7.4 percent and Tesla Motors (Xetra: A1CX3T - news) 3.4 percent.

 

 

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 shares lead us stocks up after paris attacks Arab Today, arab today oil shares lead us stocks up after paris attacks

 



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 shares lead us stocks up after paris attacks Arab Today, arab today oil shares lead us stocks up after paris attacks

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Actress Ream Hhagag prepares for a new film

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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