Stocks, dollar rise after late selloff; oil gains

STOCKS AND THE DOLLAR gained value early Thursday ahead of the meeting of President Donald Trump and Chinese leader Xi Jinping. Early indications are that Friday's U.S. jobs report will be a strong one as well.
STOCKS AND THE DOLLAR gained value early Thursday ahead of the meeting of President Donald Trump and Chinese leader Xi Jinping. Early indications are that Friday's U.S. jobs report will be a strong one as well. BLOOMBERG NEWS PHOTO/KRISZTIAN BOCSI
NEW YORK  – U.S. stocks rose with the dollar, while Treasuries slipped as investors reassessed the Federal Reserve’s signal that it intends to shrink its balance sheet. Oil climbed with gold. The S&P 500 Index pushed higher as energy shares jumped, while banks advanced as the yield on 10-year Treasury notes turned higher. The dollar…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -