The US stock market rebounded against a backdrop of higher crude oil futures. The Dow rose for a third straight day, closing at $51,850.55, while the Nasdaq ended at 27,245.90.
In Monday's New York stock market on the 12th, the Dow Jones Industrial Average ended higher for a third straight trading day as the market focused on rising crude oil futures and the full-scale release of earnings by major companies.
The Dow closed up $195.60 from the previous weekend at $51,850.55 (preliminary), while the technology-heavy Nasdaq Composite Index ended at 27,245.90, down 120.27 points.
The market was caught between caution and optimism against the backdrop of crude oil price movements, while attention also focused on developments once the earnings announcements were largely complete.
The day's report was distributed by Jiji Press, with Yahoo! Finance, Yahoo! News and others carrying the same content.