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Dow closed 76.32 points higher, WTI oil fell 1.7%.
The Dow ended up 76.32 points, while WTI oil shed 1.7% and gold was down at $1,956.40 an ounce.
U.S. stock market sentiment (July 17) The Dow closed higher for the sixth straight day, while the S&P500 and Nasdaq closed at 15-month highs, supported by buying pressure in technology and financial stocks. While investors keep an eye on the earnings report of listed companies this week.
The Dow closed at 34,585.35 points, up 76.32 points, or +0.22%.
Nasdaq closed at 14,244.95 points, up 131.25 points, or +0.93%.
The S&P500 closed at 4,522.79, up 17.37 points, or +0.39%.
The West Texas Intermediate (WTI) crude futures in New York ended lower. After reports that the Chinese economy grew lower than expected in the second quarter of 2023, investors were concerned about the outlook for oil demand in China, the world’s second largest oil consumer.
WTI crude oil contract for August delivery It was down $1.27, or 1.7%, at $74.15/barrel.
Brent crude oil contract (BRENT) for September delivery It was down $1.37, or 1.7%, at $78.50/barrel. and gold contracts, COMEX (Commodity Exchange) market, delivered in August down $ 8, or 0.41%, to close at $ 1,956.40 / ounce
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