US indexes inch higher as energy stocks claw from the hole

Specialists John Parisi, left, and Charles Boeddinghaus work on the floor of the New York Stock Exchange, Friday, June 23, 2017. U.S. stock indexes inched higher Friday as energy companies clawed back some of their sharp losses from earlier in the week. (AP Photo/Richard Drew)
Specialists John Parisi, left, and Charles Boeddinghaus work on the floor of the New York Stock Exchange, Friday, June 23, 2017. U.S. stock indexes inched higher Friday as energy companies clawed back some of their sharp losses from earlier in the week. (AP Photo/Richard Drew)

NEW YORK (AP) - U.S. stock indexes nudged higher Friday after energy companies clawed back some of their sharp losses from earlier in the week.

After meandering up and down through the day, the Standard & Poor's 500 rose 3.80 points, or 0.2 percent, to end at 2,438.30. The Dow Jones industrial average slipped 2.53 points, or less than 0.1 percent, to 21,394.76, and the Nasdaq composite gained 28.56, or 0.5 percent, to 6,265.25. More than twice as many stocks rose than fell on the New York Stock Exchange.

Energy stocks led the way, and those in the S&P 500 climbed 0.8 percent for the largest gain of the 11 sectors that make up the index.

Rising prices for oil and natural gas drove the gains. Benchmark U.S. crude added 27 cents to settle at $43.01 per barrel. Brent crude, the international standard, gained 32 cents to $45.54 and natural gas rose 4 cents, or 1.2 percent, to $2.93 per 1,000 cubic feet.

EQT, a producer of natural gas and crude, had the day's biggest gain in the S&P 500 and jumped $4.16, or 8 percent, to $56.19. Cabot Oil & Gas climbed 88 cents, or 3.8 percent, to $23.74.