Energy companies lead US stocks mostly higher in early trade

Energy companies lead US stocks mostly higher in early trade

6 years ago
Anonymous $cyhBy-qkd5

https://apnews.com/a7225a1087e248c3aa250e1200b94408

The major U.S. stock indexes were mostly higher in early trading Tuesday, led by gains in energy companies as the price of U.S. crude oil jumped above $75 a barrel. Technology stocks lagged. Volume was light during the half-day trading session ahead of the Independence Day holiday.

KEEPING SCORE: The S&P 500 index rose 6 points, or 0.3 percent, to 2,733 as of 10:05 a.m. Eastern Time. The Dow Jones Industrial Average gained 92 points, or 0.4 percent, to 24,399. The Nasdaq slipped 3 points, or 0.1 percent, to 7,564. The Russell 2000 index of smaller-company stocks picked up 6 points, or 0.4 percent, to 1,661. U.S. markets are scheduled to close at 1 p.m. ET ahead of Wednesday's Independence Day holiday.

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