While you were sleeping: Wall Street advances

Mon, 02 May 2016

By Margreet Dietz May 3 (BusinessDesk) - Wall Street moved higher with financial shares as investors edged back to safer bets from more speculative ones on energy, metals and the materials sector. In 2.38pm New York trading, the Dow Jones Industrial Average gained 0.57 percent, while the Nasdaq Composite Index advanced 0.63 percent. In 2.23pm trading, the Standard & Poor’s 500 Index rose 0.68 percent. The Dow rose, spurred by gains in shares of Goldman Sachs and those of Home Depot, up 1.7 percent and 1.5 percent respectively. "It'...

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