Another triple digit day for the Dow Jones Industrial but this time to the upside. Stocks closed at session highs Thursday with the blue chips up 225 points. The S&P 500 and Nasdaq also ended with gains after trading in the red for most of the day. It was Boeing (BA) and McDonald’s (MCD) that pushed the Dow higher. Boeing added another 6% to the previous day’s gains. Shares of the golden arches rose better than 5%. Ford (F) drove higher in today’s trading after beating sales and earnings expectations. Some market watchers are crediting a rebound in oil prices for today’s rally. Crude managed to settle up %0.08 a barrel after dipping below $44 in the session. This still did stop the energy sector to be the day’s worst performer. Exxon Mobil (XOM) and Chevron (CVX) were biggest laggards for the Dow, both down about half a percent.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
