This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-30434616
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
Retail sales figures boost US stocks | Retail sales figures boost US stocks |
(about 7 hours later) | |
(Close): Stocks on Wall Street rose on Thursday, with positive US retail sales data lightening the mood after Wednesday's downturn. | |
The Dow Jones rose 63.19 points or 0.36% to 17,596.33. | |
The broad-based S&P 500 was 9 points or 0.45% higher at 2,035.30, while the tech-heavy Nasdaq closed up 24 points or 0.52% to 4,708.16. | |
Retail sales in November went up 0.7% from the previous month to $449.3bn, Commerce Department figures indicated. | Retail sales in November went up 0.7% from the previous month to $449.3bn, Commerce Department figures indicated. |
The news provided relief from the relentless fall in oil prices. In New York, light sweet crude fell below $60 a barrel for the first time since July 2009. | |
"Investors are watching oil and they don't know what to make of it," Jack Ablin, chief investment officer at BMO Private Bank told AFP. |
Previous version
1
Next version