Stock Market Update: Indices Rise Amid Oil Spike and Earnings Reports

Reported about 8 hours ago

U.S. stock indices rose on Thursday as oil prices surged nearly 6% following sanctions on Russian energy companies, and investors assessed mixed earnings from Tesla and IBM. The Nasdaq led gains with a 0.7% increase, while the S&P 500 grew by 0.4%. American Airlines saw a notable rise in its stock after better-than-expected earnings guidance, whereas T-Mobile's shares fell despite strong subscriber growth. Anticipation for upcoming results from Intel also added to the market dynamics as U.S.-China trade talks loom.

Source: YAHOO

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