Roller Coaster Ride on Wall Street Ends With Dow Up 196 Points

The Dow Jones Industrial was down triple digits earlier in the session to surge in the last hour of trading to close up 196 points Monday.
Author:
Publish date:

It was a roller coaster ride on Wall Street, Monday. The Dow Jones Industrial was down triple digits earlier in the session to surge in the last hour of trading to close up 196 points. Crude oil pushed higher, even briefly tapping $50 a barrel in the session to settle at $49.57. Chevron (CVX) was the best performing blue chip, up more than 3%. Exxon Mobil (XOM) also gained after beating earnings expectations. Solar companies shined with First Solar (FSLR), SolarCity (SCTY) and SunPower (SPWR) climbing higher. Verizon (VZ) and AT&T (T) both led the blue chips. The Wall Street Journal reported the FCC will likely allow more cities to build broadband networks for high-speed Internet access.

undefined