​Stocks bounce back as mining and consumer companies rise

June 15, 2016 2:50 PM

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NEW YORK - U.S. stocks are rising Wednesday morning after a four-day losing streak. Mining companies and consumer stocks are making some of the largest gains. Energy companies are falling as the price of oil continues to slide.

The Dow Jones industrial average rose 52 points, or 0.3 percent, to 17,737 as of 2:24 p.m. ET. The Standard & Poor's 500 index gained 6 points, or 0.3 percent, to 2,081. The Nasdaq composite picked up 13 points, or 0.3 percent, to 4,856.

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