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Stocks Ended Higher as Tech Rallied

-- Thursday, July 12, 2018, 16:38 --

U.S. stocks ended higher on Thursday, with the Nasdaq finishing at a record, as technology shares outperformed in a broad-based rally. The Dow Jones Industrial Average rose 224.44 points, or 0.91%, to 24,924.89. The S&P 500 gained 24.27 points, or 0.87%, to 2,798.29. The Nasdaq Composite added 107.30 points, or 1.39%, to 7,823.92.

Oil settled on a mixed note Thursday, with U.S. benchmark prices posting a slight decline but global benchmark prices rebounding from the three-week low they hit a day earlier. August West Texas Intermediate crude edged down by a nickel, or less than 0.1%, to settle at $70.33 a barrel. September Brent crude rose $1.05, or 1.4%, to $74.45 a barrel.

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