• News Desk

TURNAROUND FOR STOCKS: INDEXES END UP


U.S. stocks ended slightly higher after wavering on news that OPEC failed to seal a deal on oil production.Markets also reacted to the European Central Bankleaving interest rates at current levels and private employers in the U.S. creating slightly more jobs than expected in May.The Dow Jones industrial average ended up 49 points, or 0.3%. The broaderStandard & Poor's 500 stock index also gained 0.3%, while the Nasdaq composite climbed 0.4%. The S&P 500 is up 3 percent in 2016 after a gloomy start to the year amid jitters about the global economy and a volatile oil market. It now only needs to rise about 1 percent to set a closing record, which would be its first in more than a year.

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