US stocks register further gains on Tuesday

15:00 12/09/2017
StockMarketWire.com - Wall Street continued to rally in early trading as the appetite for equities builds following news of the additional sanctions imposed on North Korea by the UN and after Hurricane Irma caused less damage than initially expected.

In the absence of any notable catalysts, it would appear to be a case of no news is better than bad news.

Soon after the open, the S&P 500 was up 0.25% at 2,494.24, the Nasdaq by 0.17% at 6,443.02 and the Dow by 0.28% at 22,120.01.

European markets were mixed during the mid-afternoon session. The FTSE 100 was down by around 0.3%, while the DAX and CAC 40 were up 0.6% and 0.8%, respectively.

COMMODITIES

At 2:45pm (GMT) WTI was 0.12% higher at $48.13 per barrel and Brent was up by 0.67% at $54.2 per barrel.

Gold was off by 0.44% at $1,329.8 an ounce and silver had fallen by 0.15%.

ECONOMIC NEWS

The US National Federation of Independent Business (NFIB) has reported that the Index of Small Business Optimism rose slightly to 105.3 in August, compared to 105.2 in July and an expected reading of 105.0.

In addition, JOLTS job openings data is due later.

Story provided by StockMarketWire.com

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