Energy, banks push Wall St. higher, Intel limits gains



A rise in energy and financial stocks pushed Wall Street higher on Wednesday, but a drop in consumer staples and Intel limited gains, especially on the Nasdaq.
Intel (INTC.O) tumbled nearly 6 percent and was the biggest drag on all three indexes, after the chipmaker's disappointing current-quarter revenue forecast. The Philadelphia SE Semiconductor index .SOX dipped 0.8 percent.
Oil prices surged more than 2 percent after a report showed an unexpected drop in U.S. crude stockpiles. [O/R]
The energy sector .SPNY jumped 1.64 percent, the most in three weeks, also boosted by a 5.2 percent rise... read more

 
19 October 2016 in World News, Views: 31
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31