While you were sleeping: Equities rise with commodities

Wed, 23 Dec 2015

By Margreet Dietz Dec. 24 (BusinessDesk) - Wall Street gained as a recovery in raw materials including copper, zinc, aluminum and oil bolstered mining and energy stocks. In 12.59pm trading in New York, the Dow Jones Industrial Average gained 0.8 percent, while the Nasdaq Composite Index rose 0.7 percent. In 12.44pm trading, the Standard & Poor’s 500 Index added 1 percent. Gains in shares of Chevron and those of Exxon Mobil, last up 3.1 percent and 2.3 percent respectively, helped propel the Dow higher. Shares of Freeport-McMoRan su...

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