MarketWrap: Wall Street gained on Tuesday, with the S&P 500, Dow industrials and Russell 2000 setting record closing highs, as technology stocks bounced back and investors positioned for an expected Federal Reserve interest rate hike. The DJIA fell rose 92.8 points, or 0.44%, to 21,328.47, the S&P 500 gained 10.96 points, or 0.45%, to 2,440.35 and the Nasdaq added 44.90 points, or 0.73%, to 6,220.37. - Reuters
Energy
Oil prices settled higher on Tuesday after Opec detailed supply cuts around the world, but the cartel also said overall production rose in May, and crude stayed well below US$50 a barrel despite the modest recovery. Benchmark Brent crude LCOc1 settled 43 cents higher at US$48.72 a barrel - Reuters
Forex summary
*The ringgit gained 0.04% to 4.2615 versus the US$
*It lost 0.03% to 4.7789 versus euro
*Down 0.36% to 5.4328 per pound sterling
*Down 0.06% to 3.0845 per Singapore dollar
*Up 0.09% to 3.2114 per Aussie
*Up 0.02% to 3.8726 per 100 yen