{"id":76711,"date":"2018-05-07T19:16:10","date_gmt":"2018-05-07T19:16:10","guid":{"rendered":"https:\/\/www.bnreport.com\/oil-technology-shares-drive-gains-on-wall-street\/"},"modified":"2018-05-07T19:16:10","modified_gmt":"2018-05-07T19:16:10","slug":"oil-technology-shares-drive-gains-on-wall-street","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/","title":{"rendered":"Oil, technology shares drive gains on Wall Street"},"content":{"rendered":"

US stocks<\/a> rose on Monday as oil prices hit $70 per barrel for the first time since November 2014, while those in technology companies rose led by second day of gains for Apple<\/a>. <\/p>\n

The S&P energy index was the biggest gainer among the 11 major S&P sectors, rising 2 percent, as U.S. crude was boosted by Venezuela's deepening economic crisis and a looming decision on whether the United States will re-impose sanctions on Iran. <\/p>\n

Apple was up 1.2 percent, continuing to ride on news that Berkshire Hathaway's Warren Buffett<\/a> had boosted stake in the company. <\/p>\n

Shares of AthenaHealth jumped 25.2 percent after hedge fund Elliott Management proposed an all-cash offer that would value the healthcare IT company at about $6.5 billion. <\/p>\n

At 9:50 a.m. EDT the Dow Jones Industrial Average was up 167.53 points, or 0.69 percent, at 24,430.04, the S&P 500 was up 15.01 points, or 0.56 percent, at 2,678.43 and the Nasdaq<\/a> Composite was up 52.66 points, or 0.73 percent, at 7,262.28. <\/p>\n

Major U.S. stock indexes ended up more than 1 percent on Friday after weaker-than-expected U.S. wage growth numbers calmed investor fears about rising interest rates and inflation<\/a>. <\/p>\n

U.S. corporates have performed strongly in the first quarter, with nearly 80 per cent of the 400 S&P 500 companies that have reported so far topping profit estimates, according to Thomson Reuters I\/B\/E\/S. <\/p>\n

That is well above the long-term average of 64 percent and the average of 75 percent over the past four quarters. <\/p>\n

Starbucks rose 0.3 percent after Swiss food giant Nestle said it would pay the world's biggest coffee chain $7.15 billion for the rights to sell its products around the world. <\/p>\n

Tyson Foods Inc fell 0.6 percent after the meat processor missed Wall Street<\/a> estimates for quarterly profit as it was hit by higher freight costs and wages. <\/p>\n

Advancing issues outnumbered decliners for a 1.88-to-1 ratio on the NYSE. Advancing issues outnumbered decliners by a 1.64-to-1 ratio on the Nasdaq. <\/p>\n

The S&P index recorded 18 new 52-week highs and 1 new lows, while the Nasdaq recorded 61 new highs and 6 new lows. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
\n[contfnew]
\n <\/p>\n

ET Markets<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

US stocks rose on Monday as oil prices hit $70 per barrel fo..<\/p>\n","protected":false},"author":1,"featured_media":76712,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-76711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nOil, technology shares drive gains on Wall Street - Business News Report<\/title>\n<meta name=\"description\" content=\"US stocks rose on Monday as oil prices hit $70 per barrel fo..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil, technology shares drive gains on Wall Street - Business News Report\" \/>\n<meta property=\"og:description\" content=\"US stocks rose on Monday as oil prices hit $70 per barrel fo..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-07T19:16:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/nyse-reuters.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"672\" \/>\n\t<meta property=\"og:image:height\" content=\"504\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"Oil, technology shares drive gains on Wall Street\",\"datePublished\":\"2018-05-07T19:16:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/\"},\"wordCount\":353,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/nyse-reuters.jpg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/\",\"name\":\"Oil, technology shares drive gains on Wall Street - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/nyse-reuters.jpg\",\"datePublished\":\"2018-05-07T19:16:10+00:00\",\"description\":\"US stocks rose on Monday as oil prices hit $70 per barrel fo..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/nyse-reuters.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2018\\\/05\\\/nyse-reuters.jpg\",\"width\":672,\"height\":504},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/oil-technology-shares-drive-gains-on-wall-street\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Oil, technology shares drive gains on Wall Street\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics & Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Oil, technology shares drive gains on Wall Street - Business News Report","description":"US stocks rose on Monday as oil prices hit $70 per barrel fo..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/","og_locale":"en_US","og_type":"article","og_title":"Oil, technology shares drive gains on Wall Street - Business News Report","og_description":"US stocks rose on Monday as oil prices hit $70 per barrel fo..","og_url":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2018-05-07T19:16:10+00:00","og_image":[{"width":672,"height":504,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/nyse-reuters.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"Oil, technology shares drive gains on Wall Street","datePublished":"2018-05-07T19:16:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/"},"wordCount":353,"commentCount":0,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/nyse-reuters.jpg","articleSection":["Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/","url":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/","name":"Oil, technology shares drive gains on Wall Street - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/nyse-reuters.jpg","datePublished":"2018-05-07T19:16:10+00:00","description":"US stocks rose on Monday as oil prices hit $70 per barrel fo..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/nyse-reuters.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/05\/nyse-reuters.jpg","width":672,"height":504},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/oil-technology-shares-drive-gains-on-wall-street\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"Oil, technology shares drive gains on Wall Street"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics & Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/76711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=76711"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/76711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/76712"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=76711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=76711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=76711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}