S&P 500 Sees Its Highest Close of the Year

Dow, Nasdaq also close higher
By Newser Editors and Wire Services
Posted Jun 2, 2016 3:16 PM CDT
Trader Gordon Charlop, center, works on the floor of the New York Stock Exchange, Tuesday, May 24, 2016.   (AP Photo/Richard Drew)

(Newser) – US stock indexes overcame an early wobble and ended slightly higher, giving the Standard & Poor's 500 index its highest close of the year, the AP reports. Health care companies led the rebound Thursday. Energy stocks lagged the rest of the market after a meeting of OPEC ministers failed to results in an agreement to curtail output. Johnson & Johnson rose about 2% on news the company has agreed to buy privately held hair care products maker Vogue International. The Dow Jones industrial average rose 48 points, or 0.3%, to 17,838. The Standard and Poor's 500 index rose 5 points, or 0.3%, to 2,105. The Nasdaq composite gained 19 points, or 0.4%, 4,971. (Read more Dow Jones stories.)

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