United States markets closed up Monday, lifted by gains made by large technology firms and increases in the price of oil. Those gains, however, are tempered by new worries about fresh US-China tensions, and by comments made by business tycoon Warren Buffet over the weekend.
The Dow Jones Industrial Average ended the day 0.1 percent higher, at 23,749.76. The S&P 500 – a proxy for the health of US retirement and college savings accounts – rose 0.4 percent to close at 2,842.74. The tech-heavy Nasdaq Composite Index climbed 1.2 percent to end the day at 8,710.71.
The energy sector was the best performing S&P 500 sector, rising 3.7 percent as oil prices gained.
West Texas Intermediate crude for June delivery rose 3.1 percent, above $20 a barrel. Brent crude is up 2.9 percent with prices above $27 a barrel.
Investors are trying to determine…
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