The Dow Jones, S&P 500 and Nasdaq all began Monday’s session helped by positive oil prices and international equity markets.
Benchmarks started higher
Wall Street equities opened the week positively, pushing higher after last week’s record highs.
The move higher is supported by another mini rally in oil prices. West Texas crude futures pushed up 1.4% to just above US$45 per barrel, while Brent was changing hands at around US$47.50.
Positive European markets and hopes for new Chinese stimulus added encouragement to investors.
In New York the Dow Jones started about 50 points, nearly 0.3%, higher at 18,626 while the S&P 500 and Nasdaq rose 0.3% and 0.4% to 2,190 and 5,254 respectively.
Mergers and acquisition talk provides some distraction on a summers day.
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SOURCE: Proactive Investors
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