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

Energy companies lead US stock indexes mostly higher

 

July 12, 2017



(AP) — Another day of listless trading on Wall Street ended Tuesday with the major stock indexes closing out having shifted marginally from the day before.

Gains in energy and technology companies were canceled out by losses among banks, phone companies and other sectors.

A rebound in crude oil prices helped lift energy stocks, which led the gainers. Banks posted the largest losses.

Investors were making modest moves ahead of Federal Reserve chair Janet Yellen’s testimony before Congress on Wednesday and Thursday, and the release of the Fed’s Beige Book, an economic snapshot used by t...



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