Surge in oil, Apple boosts U.S. stocks

May 16, 2016 2:18 PM

23 0

Wall Street was higher on Monday after a bruising week, bolstered by a bounce in Apple shares, while surging oil prices fired up energy stocks.

The iPhone maker's (AAPL.O) shares were up 2.9 percent at $93.15 after Warren Buffett's Berkshire Hathaway (BRKa.N) reported a stake worth about $1 billion in the company. The stock gave the biggest boost to the three indexes.

Also read: How major US stock market indexes fared on Wednesday

Read more

To category page

Loading...