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Stocks see slight rebound, solid gain for oil

Persian Gulf tanker attack boosts crude prices

June 13, 2019 - 5:13 pm

Jim Chesko reporting...

Stocks managed a modest rebound today, with the Dow Industrials rising 102 points.  The Nasdaq Composite gained 44, while the S&P 500 added 11.

Oil futures notched a solid rebound - thanks in part to an attack on tankers in the Gulf of Oman, near Iran.  July crude rallied 2.2% to settle at $52.28 a barrel.

There’s a new Harry Potter ride open today at Universal Orlando, and it’s an instant hit.  Within an hour of opening this morning, “Hagrid’s Magical Creatures Motorbike” had a 10-hour wait time.  The new coaster ride takes parkgoers on a mile-long journey thru the infamous Forbidden Forest on Hagrid’s iconic motorbike.

Thanks to Louisiana’s Entertainment Job Program, the production company Full Armor Films is expanding its workforce.  Full Armor, which produces feature-film and television projects, will create five new, permanent jobs with an average annual salary of $45,000 at its New Orleans facility.   

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