US Stocks Close at Record Highs Amid Rising Oil Prices

Abu dhabi: US stock indices hit new record highs at the close of trading on Monday, as global oil prices rose.

According to Emirates News Agency, the S and P 500 rose 0.1% to close at a record 7173.9, while the Nasdaq gained 0.2% to reach a fresh hi…

Oil Prices Hit Two-Week High

Abu dhabi: Oil prices climbed about 3% to a two-week high on Monday as peace talks between the United States (US) and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.

According to Emirates …