Oil helps Wall Street ahead – NU.nl

The share of Twitter was quite down, while techreus Apple a winner.

The Dow jones index closed 0.5 percent higher at 18.329,04 points. The broad S&P 500 increased 0.5 percent, to 2163,66 points, and technology fair Nasdaq gained 0.7 percent to 5328,68 points.

Saudi Arabia has let know that also major oil exporters that are not members of OPEC, including Russia, are willing to freeze or even reduction of oil production. That message was later by the Russian president Vladimir Putin confirmed.

the news went out to the oil prices up a lot. A barrel of U.s. oil noted finally a plus of 2.8 percent in 51,21 dollars. Brent rose 2 percent in price, up 52,96 dollar per barrel. Earlier in the day for Brent the highest price of the year paid. In the Dow were olieconcerns ExxonMobil and Chevron among the biggest risers, with gains of up to 2 percent.

Apple

another leader in the list was Apple, which is 1.8 per cent won. The smartphonemaker benefited from reports that major rival Samsung in the production of its potentially incendiary Galaxy Note 7 temporarily has shut down.

Twitter was the bitten dog in New York, with a loss of 11.5 percent. Allegedly is interested in a takeover of the company bled to death. The stock price of Twitter ran past weeks strong on by speculation about a possible deal.

Alleged ‘hunters’ on Twitter, Alphabet, and Salesforce, recorded Monday to nearly 6 percent higher. Disney, which previously also with Twitter came to be linked, closed more or less flat.

Company

Mylan won more than 8 percent. The company has reached settlement with the U.s. government in connection with alleged pricing of the adrenalineprik EpiPen at zorgagentschap Medicaid. Professional Bristol-Myers Squibb plummeted on the other hand, about 10 percent after disappointing results with a new therapy against lung cancer.

The euro was 1,1136 dollars, against 1,1158 at the European slot earlier in the day.

By: ANP