Tuesday, 17 November 2015

Wall Street surges over 1%, looks past Paris attacks

Wall Street had its strongest session in three weeks on Monday, with sizeable gains in energy shares as investors bet Friday's deadly attacks in Paris would have little long-term impact on the US economy and corporate earnings. 
US oil prices rose after French air strikes in Syria in reaction to multiple attacks in Paris on Friday that killed 129 people, with Islamic State claiming responsibility. 
Exxon's shares jumped 3.58 percent and Chevron rallied 4.38 percent. The three major US stock indexes had opened with losses but soon turned around, with all closing more than 1 percent higher.

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