US stocks gain

Wall Street ended a volatile session marginally higher today after stocks first surged on robust retail sales numbers but pared their gains as oil prices spiked.

Wall Street ended a volatile session marginally higher today after stocks first surged on robust retail sales numbers but pared their gains as oil prices spiked.

The Energy Department reported crude inventories fell for a third straight week, which sent oil and gasoline prices sharply higher. Less supply means both oil and gas could cost more, and that was viewed by the stock market as an obstacle to consumer spending.

You have reached your article limit. Already a subscriber? Sign in

Clubber TV and Irish Examiner logos in offer banner

Every Match. Every Story.

One Ultimate Bundle

No obligation. Ts&Cs apply.

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited