Northern Wyoming Daily News - Serving the Big Horn Basin for over 100 years

Stocks made small gains as energy companies surge

 

March 3, 2016



MARLEY JAY

AP Markets Writer

NEW YORK (AP) — Stocks eked out tiny gains Wednesday as oil prices continued to recover and investors hoped the worst is over for the beleaguered energy industry. Telecommunications companies, which have climbed as the rest of the market has struggled this year, also rose.

Indexes wavered between tiny gains and losses for most of the day, then climbed steadily in the last 90 minutes of trading. Oil prices increased for the seventh time in eight days, an encouraging sign after many months of sharp declines. After Tuesday’s big gains, the market is the highest...



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