US STOCKS SNAPSHOT-Market rises on energy, Home Depot
NEW YORK |
NEW YORK Feb 8 (Reuters) - The Dow industrials turned positive on Monday as energy shares rose in sync with higher oil prices, and the Nasdaq and the S&P 500 indexes climbed as investors snapped up shares beaten down in the recent sell-off.
* Exxon Mobil Corp (XOM.N) was the Dow's top boost ahead of Home Depot Inc (HD.N), which rose more than 3 percent after Morgan Stanley upgraded it to "overweight" from "equal-weight".
* The Dow Jones industrial average .DJI was up 7.33 points, or 0.07 percent, at 10,019.56. The Standard & Poor's 500 Index .SPX was up 3.87 points, or 0.36 percent, at 1,070.06. The Nasdaq Composite Index .IXIC was up 7.52 points, or 0.35 percent, at 2,148.64.
* A decline in the U.S. dollar against a basket of major currencies underpinned the run-up in oil prices, with U.S. front-month crude up 1.1 percent at $71.96 a barrel. The U.S. dollar index .DXY was off 0.4 percent. (Reporting by Ellis Mnyandu; Editing by Padraic Cassidy)
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