Energy sector boosts indices but still off intraday highs
- US Market
- 7 months ago
The U.S. energy sector boosted markets just enough to show gains, however other issues such as Brexit are still weighing down on a possible breakthrough.
The DJIA rose by 0.6% as shares of Mc Cormick & Co. Inc. increased by 1% due to a fourth-quarter earnings report that beat expectations.
Meanwhile the S&P 500 also climbed by 0.7% with the Nasdaq following suit by the same figure, however shares of Apple fell by 1% following the U.S. International Trade Commission ruled that the iPhone maker infringed on an aspect of a Qualcomm Inc., resulting on a ban for some of Apple’s devices.
Source: Smart Trend Team