Dow snaps losing streak on energy lift
Posted: Sat Jun 23, 2018 10:45 pm
Reuters - 6/22/2018 - Chuck Mikolajczak - The S&P 500 and Dow Jones Industrial Average climbed on Friday, as the Dow put to rest an eight-day losing streak with a boost from energy stocks, but losses in the technology space kept the Nasdaq in check. U.S. crude settled up 4.6 percent at $68.58 a barrel and Brent settled 3.4 percent higher at $75.55 after oil producers agreed to modest crude output increases to compensate for losses in production at a time of rising global demand. Read more @ https://www.reuters.com/article/us-usa- ... SKBN1JI1DZ