US Stocks Notch Small Gains

As price of oil falls
By Newser Editors and Wire Services
Posted Sep 17, 2019 3:16 PM CDT
US Stocks Notch Small Gains
In this Sept. 13, 2019, file photo trader Timothy Nick, left, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew)

Stocks are closing a lackluster session Tuesday with small gains as investors await a Federal Reserve decision on interest rates, the AP reports. The Fed concludes a policy meeting Wednesday and is expected to announce its second rate cut this year. Oil prices gave up a chunk of the huge gains from a day earlier after Saudi Arabia said about half the production lost to a weekend attack was back online. US oil fell 5.7% to $59.34 a barrel. Oil producers and oil services companies lagged the market. Hess fell 3.6%. The Dow Jones industrials rose 33 points, or 0.1%, to 27,110. The S&P 500 gained 7 points, or 0.3%, to 3,005. The Nasdaq rose 32 points, or 0.4%, to 8,186. Bonds rose. The yield on the 10-year Treasury fell to 1.81%. (Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.