Your Community Newspaper - Larose, LA

Serving Raceland, Gheens, Lockport, Valentine, Larose, Cut Off, Galliano, Golden Meadow, Leeville, & Grand Isle

Wednesday, November 14, 2018



Share This Article:

US stocks open slightly higher as crude oil price stabilizes

US stocks open slightly higher as crude oil price stabilizes

NEW YORK (AP) — Stocks are opening slightly higher on Wall Street, a day after a sharp decline triggered by a slump oil prices.

Energy stocks recovered some ground early Thursday as the price of crude oil stabilized.

Railroad operator Union Pacific slumped 7 percent after reporting a drop in the amount of freight hauled and weaker results than analysts were expecting.

The Dow Jones industrial average edged up 18 points, or 0.1 percent, to 15,792.

The Standard & Poor's 500 index rose two points to 1,861. The Nasdaq composite slipped six points, or 0.2 percent, to 4,463.

Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.