US Close 2 Sept 16: US markets turned higher in last five minutes of trade, oil in focus

US sharemarkets recovered from mild losses in the last hour of trade on Thursday. Although investors remained cautious ahead of the non-farm payrolls report due out on Friday. The weaker manufacturing and auto sales data weighed on stocks in early trade. The S&P energy sector lost 0.3% on the back of the slide in oil prices. The Dow Jones index rose by 18 points or 0.1%. The S&P 500 index was flat while the Nasdaq rose by almost 14 points or 0.3%.  

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