Oil Stocks Surge After Opec Cuts: Here's What You Need To Know

bbryan@businessinsider.com (Bob Bryan), Business Insider
Wed, 11/30/2016 - 2:01pm

Keith Bedford/ReutersStocks slipped into the close in a mixed day of trading on Wall Street. The Dow held an all-time high for much of the day before fading into the close, but ending slightly positive. The Nasdaq and S&P 500, on the other hand, dropped on the day. Additionally, oil and oil company stocks surged in trading as OPEC finally agreed to a production cut for its member countries. We've got all the headlines, but first, the scoreboard: Dow: 19,124.95, +3.35, (+0.02%) S&P 5o0: 2,2198.85, -5.81, (-0.26%) Nasdaq: 5,323.68, -52.64, (-1.05%) WTI crude oil: $48.97, +$3.74, (8.27%) OPEC formally agreed to a production cut.

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Topics:  keith bedford/reutersstocks   street   the dow   wti   russia   mnuchin   secretary   treasury   goldman sachs   cnbc   the federal reserve   valeant   salix   takeda   dow jones   gopro   adp   november   the fed   october   commerce department   additionally   manhattan   the opec   saudi   arabia   apple   fda   obamacare   watch   seth meyers   nasdaq   s&p   additionally   dow   opec   us   trump   fed   obama   oil   stocks surge   cut   day   production   agreed   trading   reported   company   growth   close   projected   surged   higher   producers   showed   member   rose   spending   wednesday   personal   output   
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