Stocks Rise, Break Short Losing Streak

Dow ends day up 101
By Newser Editors and Wire Services
Posted Jun 13, 2019 3:21 PM CDT
Stocks Rise, Break Short Losing Streak
In this June 6, 2019, file photo specialist John Parisi, left, works with traders on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

Stocks are closing higher Thursday, led by gains in retailers and media and energy companies, the AP reports. Hess rose 2.9% and Halliburton gained 2.8% as an increase in oil prices boosted energy stocks. Oil rose 2.2% after two oil tankers near the strategic Strait of Hormuz were damaged in suspected attacks. Among retailers, Macy's was up 3.3% while Ross Stores rose 2.3%. Disney rose 4.4% to lead the gains for media companies. The S&P 500 index rose 11 points, or 0.4%, to 2,891. It was the index's first gain in three days. The Dow Jones Industrial Average gained 101 points, or 0.4%, to 26,106. The Nasdaq rose 44 points, or 0.6%, to 7,837. (More stock market stories.)

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