While you were sleeping: US jobs, oil support mood

Wed, 03 Aug 2016

By Margreet Dietz Aug. 4 (BusinessDesk) - Wall Street eked out gains, bolstered by a rebound in oil prices and better-than-expected private sector US jobs data. In 3.10pm trading in New York, the Dow Jones Industrial Average inched 0.06 percent higher, while the Nasdaq Composite Index added 0.24 percent. In 2.54pm trading, the Standard & Poor’s 500 Index eked out a 0.08 percent gain. “There’s slow movement in a market that’s looking for a reason to go up or go down -- it just hasn’t found any,” Jeff Carbone, managing partner of Corner...

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