Major U.S. stock-indexes rose on Thursday, helped by higher oil prices. Oil prices rose more than 0,8%, rising for the second straight day, supported by an unexpected draw in U.S. gasoline inventories. The fourth-quarter earnings season has been largely upbeat, with combined earnings of S&P 500 companies estimated to have risen 8,3%, the highest in nine quarters. However, Wall Street's reaction to corporate earnings has been muted as investors remain cautious given the recent run-up in the market and policy uncertainty under newly elected President Donald Trump.
Most of Dow stocks in positive area (27 of 30). Top loser - The Coca-Cola Company (KO, -2.00%). Top gainer - NIKE, Inc. (NKE, +2.58%).
Most of S&P sectors in positive area. Top gainer - Financials (+0.8%). Top loser - Utilities (-0.4%).
At the moment:
Dow 20142.00 +140.00 +0.70%
S&P 500 2305.50 +15.25 +0.67%
Nasdaq 100 5214.50 +23.25 +0.45%
Oil 52.80 +0.46 +0.88%
Gold 1234.90 -4.60 -0.37%
U.S. 10yr 2.38 +0.02