Dow Ends the Day Up 49

S&P 500 also closes higher, but Nasdaq edges down
By Newser Editors and Wire Services
Posted Apr 19, 2016 3:16 PM CDT
Dow Ends the Day Up 49
Eric Schumacher, left, works with fellow traders on the floor of the New York Stock Exchange, Monday, April 11, 2016.   (AP Photo/Richard Drew)

Stocks are closing mostly higher on Wall Street as energy and mining companies gain, the AP reports. Technology shares lagged the rest of the market Tuesday, pulling the Nasdaq composite index lower. Rig operator Transocean jumped almost 10%, and mining giant Freeport-McMoRan climbed 9%. The gains in energy and mining companies came as prices for oil, copper, and other basic materials rose. Crude oil gained 3% to $41 a barrel in New York. Netflix sank 13% after giving a disappointing forecast for subscriber additions. The Dow Jones industrial average gained 49 points, or 0.3%, to 18,053. The Standard & Poor's 500 index added six points, or 0.3%, to 2,100. The Nasdaq edged down 19 points, or 0.4%, to 4,940. (More Dow Jones stories.)

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