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Rising oil shares support markets

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    US stocks extended gains on Tuesday as rising energy shares pushed up the main indexes. The dollar strengthened against most major currencies on expectations of interest rate increase. The ICE dollar index, a measure of the dollar’s strength against a basket of six currencies, rose 0.3% to 97.17. The S&P 500 gained 0.27% to 2,109.79. Energy companies were best performers on the S&P 500. Diamond Offshore Drilling Inc. gained 6.3% and Pioneer Natural Resources Co. rallied 6.6%.The Dow

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