Economy, Americas

Wall Street closes mixed as oil prices recover

S&P, Nasdaq post gains for seventh straight trading day

Övünç Kutlu  | 27.05.2017 - Update : 28.05.2017
Wall Street closes mixed as oil prices recover

New York

By Ovunc Kutlu

NEW YORK

Wall Street closed mixed Friday on a partial crude oil price recovery.

The Dow fell two points to finish at 21,080, snapping a six-day winning streak.

The S&P rose less than one point to 2,415 and the Nasdaq added four points to 6,210 – completing s seventh day in a row in positive territory.

The indexes posted weekly gains with the Dow and the S&P rising 1.3 percent and 1.4 percent, respectively, for the week, and the Nasdaq up 2.1 percent.

Crude prices gained more than 1 percent Friday after plummeting 5 percent the previous day.

American benchmark West Texas Intermediate was up 1.8 percent to $49.77 at the final bell. International benchmark Brent crude was up 1.3 percent to $52.13.

Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.