US stocks are mostly higher early trading; Oil price slumps

US stocks are mostly higher early trading; Oil price slumps

6 years ago
Anonymous $L9wC17otzH

https://apnews.com/ca2cca4210364b5e86fca937261f7635

U.S. stock indexes were mostly higher in early trading Tuesday, erasing some of the losses from a steep, technology-driven sell-off a day earlier. Gains in banks and technology companies outweighed losses elsewhere in the market. Crude oil prices headed sharply lower, continuing a long downturn. Bond prices rose, sending yields lower.

KEEPING SCORE: The S&P 500 index rose 11 points, or 0.4 percent, to 2,737 as of 10:10 a.m. Eastern Time. The Dow Jones Industrial Average edged up 16 points to 25,393. The Nasdaq composite gained 46 points, or 0.6 percent, to 7,246. The Russell 2000 index of smaller companies picked up 9 points, or 0.6 percent, to 1,528.