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S&P 500 Hits Four Month High

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According to Reuters, the S&P 500 stock index hit a four-month high on July 10th. Supported by rising oil prices, the S&P also released a strong earnings report for the second quarter of 2018. Overall, earnings on the index is up just over 20-percent for the second quarter, but the energy sector jumped by 140-percent. Those gains came from increases in the price of oil over 2018, which is up 20-percent for Brent crude oil, trading at $78.71 per barrel.

Added on the 10/07/2018 13:23:48 - Copyright : Wochit

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