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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

(Newser) – 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. (Read more stock market stories.)

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