FinanceTimes of India
US stocks today: Wall Street inches higher as crude calms down; Dow jumps over 330 points, Nasdaq trades flat
in5points
Wall Street saw some relief as oil prices fell, with Brent crude retreating 3.5% to $97.19 a barrel.
S&P 500 rose 40.73 points (0.55%) to 7,449.03; Dow Jones Industrial Average climbed 338.81 points (0.66%) to 52,050.46.
Nasdaq Composite edged up 0.94 point to 25,138.64, remaining broadly flat due to losses in Micron Technology (down 6%) and Broadcom (down 2.3%).
Investors weighed geopolitical tensions, fresh US tariffs on nearly all imported goods, and Federal Reserve policy uncertainty.
Weekly losses continued despite Friday's gains, with concerns over inflation and interest rates remaining central to market sentiment.