New York (Benchmark News) – U.S. stocks ended higher on Monday (10/10/2016), because Wall Street consider the information-the latest information from the two U.S. presidential candidates debate on Sunday, amid rising oil prices.
Index Dow Jones Industrial Average increased 0.49 points or 88.55 percent to close at 18,329.04. S&P 500 index ended rose 9.92 points or 0.46 per cent to 2,163.66, and the Nasdaq composite index rose 36.27 0.69 points or percent to 5,328.67.
The U.S. presidential candidates, Hillary Clinton and Donald Trump underwent a second debate on Sunday night. Each other relentlessly attacked each other hard with scandals.
Trump campaign has been under criticism recently, after video footage of 2005 which contains the comments vulgarnya about women leaked, causing a stir.
A “rebound” in oil prices also provided some support to the rise in the stock market. Oil prices surged on Monday, with U.S. crude oil and Brent crude oil settled more than 51 us dollars a barrel, after Russia’s President Vladimir Putin says Russia is ready to join the consensus of trimming production.
Lifted by the rise in oil prices, the energy sector strengthened 1.50 percent as the biggest advantage printer in 10 sectors of the S&P.
With no major economic data released Monday, investors still sorting through employment report on Friday (7/10). Total payroll (payroll) U.S. non farm workers rose 156,000 in September, lower than forecasts of the market, and the unemployment rate 176,000 ride thin be 5.0 percent, the Labor Department announced.
Stock markets overseas also increased extensively on Monday. European equities had a considerable advantage in the middle of the recovery of oil prices. Reference index DAX at the stock exchanges of Frankfurt, Germany, surged 1.27 per cent, while the FTSE 100 benchmark index rose United Kingdom 0.75 percent.
In Asia, China’s stock market jumped on Monday after the holidays for a week, with the Shanghai Composite Index climbed 1.45 percent to 3,048.14 points…(Red)