U.S. stocks rose on Thursday as hopes for a truce in the price war between Saudi Arabia and Russia and a cut oil output drove gains, helping to offset the shocking jump in Americans filing for jobless claims due to coronavirus-led lockdowns.
The S&P energy index, down by more than 50% this year due to a price war between Russia and Saudi Arabia and coronavirus-driven demand worries that has caused oil prices to plunge, climbed 8.01%,
For more info, please go to
Subscribe to Global News Channel HERE:
Like Global News on Facebook HERE:
Follow Global News on Twitter HERE:
Follow Global News on Instagram HERE:
#GlobalNews #Coronavirus #NYSE #WallStreet
