While you were sleeping: Wall Street advances with oil

Mon, 07 Mar 2016

By Margreet Dietz March 8 (BusinessDesk) - US equities rose, bolstered by optimism about the economy and a recovery in oil prices, while Treasuries declined. Wall Street advanced. In 12.36pm New York trading, the Dow Jones Industrial Average rose 0.4 percent, while the Nasdaq Composite Index added 0.1 percent. In 12.22pm trading, the Standard & Poor’s 500 Index rose 0.1 percent. The Dow rose as gains in shares of Caterpillar and those of DuPont, last up 3.6 percent and 2.7 percent respectively, outweighed declines in shares of Nike an...

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