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Updated from 4:37 p.m. EDT
Stocks in New York closed below their best levels Thursday, but still finished in the green for the third straight time in this holiday-shortened week as oil prices once again recoiled.
The Dow Jones Industrial Average had a choppy morning, then surged by as many as 133 points before backpedaling to end up 52 points, or 0.4%, at 12,646. The S&P 500 added 7 points, or 0.5%, to 1398, and the Nasdaq Composite climbed 22 points, or 0.9%, at 2508.
Neil Hennessy, president and portfolio manager with Hennessy Funds, blamed pure emotion for many of the erratic moves early on. "Everybody is trying to figure out where it's going just simply on their gut feelings on a daily basis," he said. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
77.05
|
|
UP
30.69
|
UP
4.98
|
UP
6.87
|
DOWN
0.38
|
10 Yr
3.28%
SPDR Gold
116.62
|
|
+0.29%
|
+0.45%
|
+0.32%
|
-1.15%
|
Data delayed 20 minutes |
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