Markets End Day Higher
Led by gains in energy companies
By Newser Editors and Wire Services
Posted Apr 10, 2017 3:11 PM CDT
Trader Christopher Fuchs, center, works on the floor of the New York Stock Exchange, Tuesday, April 4, 2017.   (AP Photo/Richard Drew)

(Newser) – US stock indexes closed barely higher, led by gains in energy companies as the price of crude oil rose for the fifth day in a row, the AP reports. Hess jumped 4% Monday and rig operator Transocean increased 2.6%. Phone companies were the biggest laggard Monday. AT&T lost 0.5%. Trucking companies Swift Transportation and Knight Transportation rose sharply on news the companies have agreed to combine. Swift jumped 23.7% and Knight climbed 13.4%. The Standard & Poor's 500 index rose 1 point, less than 0.1%, to 2,357. The Dow Jones industrial average also gained 1 point, less than 0.1%, to 20,658. The Nasdaq edged up 3 points, or 0.1%, to 5,880.

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