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Wall Street turns positive as oil powers energy stocks


(Reuters) - U.S. stocks reversed course to trade higher on Thursday as climbed after hit $80 per barrel for the first time since November 2014.

At 10:53 a.m. EDT, the was up 52.92 points, or 0.21 percent, at 24,821.85. The was up 8.13 points, or 0.30 percent, at 2,730.59 and the Composite was up 20.55 points, or 0.28 percent, at 7,418.84.

(Reporting by in Bengaluru; Editing by Anil D'Silva)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 17 2018. 20:31 IST