Source: Marley Jay, The Associated Press, June 22, 2018
NEW YORK — U.S. stocks are rising Friday morning as energy companies climb along with the price of oil. Oil producers in OPEC are discussing an increase in production, a step investors have expected for the last few weeks. Industrial and basic materials companies are rising as well while technology companies are mostly lower.
The European Union is following through on its promise to put import taxes on $3.4 billion in U.S. goods including bourbon, peanut butter and orange juice in response to U.S. tariffs on steel and aluminum.
Image Source: AP Photo/Mark Schiefelbein
