United States markets were higher on Wednesday as energy, machinery and chemicals companies received a lift from the weaker dollar. Energy company shares were higher as oil prices continued to rise.
KEEPING SCORE Near midday, the Dow Jones industrial average was up 0.31 percent and the Standard & Poor’s 500-stock index was up 0.23 percent. The Nasdaq composite index gained 0.21 percent.
ENERGY Benchmark United States crude gained 51 cents to $50.87 a barrel on the New York Mercantile Exchange. Brent crude, used to price international oils, gained 57 cents to $52.01 a barrel in London. It jumped 89 cents the previous session.
The price of crude oil has risen over the last few days as the dollar has weakened. On Tuesday, United States crude closed at more than $50 a barrel for the first time since July.
CURRENCIES The dollar declined to 106.64 yen from 107.31 yen late Tuesday. The euro edged up to $1.1409 from $1.1361.
The dollar has lost some of its strength after Friday’s disappointing jobs report. That has helped energy companies, as well as mining companies and chemicals and machinery makers; a weaker dollar makes American goods more affordable in other countries.
信息来源于 The New York Times
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