Actionable news
All posts from Actionable news
Actionable news in HAL: HALLIBURTON COMPANY,

S&P 500 Holds Higher as Crude Oil Nears $52

Stocks held higher on Wednesday after a weekly decline in crude inventories supported oil near $52 a barrel.

The S&P 500 was up 0.26%, the Dow Jones Industrial Average climbed 0.36%, and the Nasdaq fluctuated around the flatline.

Crude oil prices jumped on Wednesday on signs of falling domestic production. A weekly reading on domestic inventories from the Energy Information Administration showed a decline of 5.2 million barrels. Inventories have fallen six times in the past seven weeks. A separate reading from the American Petroleum Institute showed a decline of 3.8 million...