Thursday, December 24, 2015

US stock market forecast for 24th December 2015, Thursday.

Energy shares in the US stock market surged 4.2%, their biggest percentage gain in last four months. U.S. oil prices rose 3.8% to $37.50 a barrel after government data showed an unexpected decline in U.S. stockpiles. U.S. natural-gas prices rose 5%.

The day stood out against a brutal month, and year, for oil prices and energy stocks, thanks largely to a global glut of crude oil. For the month, oil prices have slumped 10% and energy stocks have fallen 7.1%.

Wednesday’s rally helped drive another good day for the broader market.

The Dow up by 185.34 points The S&P 500 up by25.32 points, 
The Nasdaq Composite up by 44.82 points.

Visit link below to see more free US stock market stock update.

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U.S. Stocks Notch Fifth Straight Week of Gains - News - 180316

Market improves as oil prices rebound and data show U.S. economy continuing to expand.

The S&P 500 erased its losses for the year Friday, joining the Dow industrials in positive territory as major indexes notched their fifth straight week of gains.

The week’s advance accelerated after the Federal Reserve on Wednesday signaled a more gradual path of interest-rate increases. The Dow Jones Industrial Average, which has risen for six sessions in a row, gained 2.3% this week. The S&P 500 added 1.4%