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Closing Bell: Stocks Climb as Wall Street Clocks Off For Thanksgiving

June 18, 2023
in Trade Tube
Reading Time: 1 min read
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It was a subdued end to the day Wednesday with stocks managing to hold onto small gains as Wall Street clocked off for the Thanksgiving holiday. The latest read on the oil sector helped crude prices back off of steep losses to close slightly higher. Data showed U.S. inventories adding a smaller-than-expected number of barrels in the past week, while the number of active oil rigs in the U.S. fell. Keurig Green Mountain (GMCR) spiked after the company’s Canadian subsidiary launched cold beverage maker Keurig Kold, more than a month after its U.S. release. Keurig expects to sell between 60,000 and 100,000 of the units across its sales regions.

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