US exchanges rose for the third straight day Wednesday. Dow Jones ended up 0.2 percent to 18,096.68, the highest closing price since July last year, while the broader S & amp; P 500 Index climbed 0.1 percent to 2102.40. This index has not been higher since December 1, according to Marketwatch.com.
Technology Heavy Nasdaq rose 0.2 percent to 4948.13. Apple and Netflix were most traded. The two papers rose 0.2 and 2.6 percent, according to preliminary quotations.
The energy sector led the way. Oil prices rose once again to season best. The news that the US production falls for the sixth week in a row was good to received. WTI oil with June delivery ended up four per cent to $ 44.18 a barrel. Brent oil traded for $ 45.80, up four percent.
Encouraging home sales figures contributed to the increase.
Coca-Cola, the most traded shares on the NYSE, went against the grain with a fall of 4.8 percent. The reason was weak quarterly figures. The Coca-Cola Company Announces an adjusted earnings per share of $ 0.45 in the first quarter of 2016. The same period last year profit was $ 0.48.
Unadjusted was quarter earnings $ 0.34 per share , against $ 0.45 at the same crossroads year.
a compilation made by Zacks Investment Research shows according to the AP that it had previously expected a profit of $ 0.44 per share.
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