Business Standard

Wall Street gains on energy, financials boost

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Reuters NEW YORK

NEW YORK (Reuters) - Stocks on Wall Street rose Wednesday, led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data.

The Dow Jones industrial average <.DJI> rose 111.25 points, or 0.61 percent, to 18,279.7, the S&P 500 <.SPX> gained 9.18 points, or 0.43 percent, to 2,159.67 and the Nasdaq Composite <.IXIC> added 26.36 points, or 0.5 percent, to 5,316.02.

(Reporting by Chuck Mikolajczak; Editing by James Dalgleish)

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First Published: Oct 06 2016 | 1:34 AM IST

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