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US Shares Go Up As Oil Costs Drop

Reported by Danish Ansari (Fact-Checker) · Economic Times - Markets ·

✓ — also reported by Google News - USA Business

US Shares Go Up As Oil Costs DropRepresentative image · Wikimedia Commons

US shares went up on Thursday after oil costs came down. This market jump followed a drop in oil prices that eased pressure on the market. The Federal Reserve recently raised interest rates, which also shaped how the market moved. During the trading session, technology shares won back some of the ground they had lost earlier. Right now, investors are trying to figure out if the Federal Reserve will raise rates again in the future. This market bounce back follows a rough patch where prices fell all through September.

Read more at Economic Times - Markets