29.08.2017 22:17:31

Stocks Rally Back From Early Losses -- U.S. Commentary

(RTTNews) - U.S. stocks rose Tuesday, with the 200-point swing in the Dow Jones Industrial Average representing the biggest single-day comeback of the year.

Markets calmed after some intitial weakness brought on by North Korea's missile launch over Japan. President Donald Trump said in a statement Tuesday that "all options are on the table" for dealing with North Korea.

The Dow Jones industrial average erased earlier losses to end 56.97 points higher at 21,865.37, with industrials like United Technologies and Boeing fueling the rise. The index fell as much as 134.82 points earlier in the session.

The Nasdaq composite rose 0.3 percent at 6,301.89 after Apple hit a record high. The S&P 500 added 0.1 percent to 2,446.30.

October West Texas Intermediate crude fell 13 cents, or 0.3%, to settle at a more than one-month low of $46.44 a barrel on the New York Mercantile Exchange.

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