Mon, 18 Jan 2021

U.S. stocks rise as energy sector rallies

Xinhua
13 Jan 2021, 08:30 GMT+10

NEW YORK, Jan. 12 (Xinhua) -- U.S. stocks ended higher on Tuesday, bolstered by solid gains in energy sector.

The Dow Jones Industrial Average increased 60.00 points, or 0.19 percent, to 31,068.69. The S&P 500 rose 1.58 points, or 0.04 percent, to 3,801.19. The Nasdaq Composite Index climbed 36.00 points, or 0.28 percent, to 13,072.43.

Six of the 11 primary S&P 500 sectors ended in green, with energy up 3.5 percent, leading the gainers. Communication services slipped 1.5 percent, the worst-performing group.

U.S.-listed Chinese companies traded mostly lower with nine of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

On Monday, Wall Street's major averages dropped as politics loomed over the markets.

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