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US stocks recover from early slump; price of oil spikes

U.S. stocks managed to shake off an early slump and end slightly higher.

The price of crude oil jumped 3 percent after Turkey shot down a Russian fighter plane near the Syrian border.

Energy stocks rose along with the price of oil. Exxon Mobil rose 2 percent and Chevron gained 1.5 percent.

The heightened tensions in the Middle East, combined with a drop in a measure of consumer confidence last month, helped send travel-related stocks lower.

Cruise lines, Expedia and airline stocks all fell.

The Dow Jones industrial average edged up 19 points, or 0.1 percent, to 17,812.

The Standard & Poor's 500 index rose two points, or 0.1 percent, to 2,089. The Nasdaq composite inched up a fraction to 5,102.
Related Topics:
business wall street stocks business earnings u.s. & world financial markets bonds federal reserve jobs small business economy oil shopping New York
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