US stocks hit a new closing high again, driven by rising oil prices and optimist

US stocks hit another record high on Thursday as energy stocks rose amid higher oil prices and investors will announce strong results after beating the quarterly US corporate earnings.

S & P Energy shares index ended 2% higher as Brent crude futures rose above $ 70 a barrel for the first time since December 2014, driven by the unexpected reduction in U.S. production and declines in crude inventories.

Non-essential consumer-stocks index stocks rose in the media and retail, industrial stocks index boosted by aviation stocks after Delta Air Lines (DAL.N), the second largest U.S. airline, released a bullish forecast.

 

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