Wall St. Closes Up as Oil Prices Tumble
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U.S. stocks climbed on Wednesday as  oil prices fell almost 5 percent, alleviating worry that high  energy costs will eat into corporate profits and consumers'  wallets.
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Wall Street gave up a big early gain Tuesday as oil prices closed above $100 for the first time and stoked fears that inflation will stymie an already troubled economy.
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U.S. stocks closed lower on Monday as oil prices above $69 a barrel hit energy-dependent sectors and offset gains from corporate takeovers.
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U.S. stocks ended higher on Wednesday,  as a drop in oil prices boosted investor confidence about the  economy, but thin volume meant dealers were skeptical about the  strength of the rally.
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NEW YORK - Investors extended their blue chip selloff Thursday as oil prices advanced to near record highs and renewed Wall Street's fears of disappointing third-quarter earnings. The Nasdaq composite index managed a minimal gain...
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Leading shares closed higher, boosted by a solid rally on Wall Street and strength in mining and media stocks, offsetting yet another spike in the London price of oil, dealers said.
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A sharp drop in oil prices led to a modest rally on Wall Street yesterday, with stocks edging higher on news that oil production had soared during the month of September.
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U.S. stocks ended marginally higher on Tuesday after oil prices pulled back from a session high near $60 a barrel, offsetting a sell-off in the tech sector after National Semiconductor Corp. lowered its outlook.
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U.S. stocks extended their rally on  Thursday, with the Dow at its highest close since March as oil  prices fell and relieved concerns about the impact of energy  costs on corporate profits and consumer spending.
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NEW YORK, Dec. 14 -- Wall Street resumed its fourth-quarter rally Thursday, pushing the Dow Jones industrial average to its first close above 12,400 after a series of strong company earnings reports and a drop in unemployment claims revived investors' confidence in the economy.
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U.S. stocks rose in light volume on  Tuesday as a fall in oil prices eased investor concerns that  high energy costs would hurt corporate profits.
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U.S. stocks shot higher on Wednesday  as oil prices tumbled by more than $3 a barrel, easing worries  about the impact high energy costs have on corporate profits  and consumer spending.
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NEW YORK : Wall Street managed to end on a positive note Wednesday, brushing off fresh oil price spikes and disappointing economic news, including a surprise drop in consumer sentiment last month.
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U.S. stocks rose for a fourth day on  Thursday, with the Dow briefly surpassing its record closing  high set in January 2000, driven by optimism about falling oil  prices.
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Oil prices, pushed up by a host of concerns including Middle East tensions and worries about supply, closed above $90 a barrel, contributing to an erratic day on Wall Street.
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US stocks ended higher on Wednesday, as investors shrugged off record crude oil prices and bought beaten-down shares, pushing blue chips to close above 10,000 for the first time in 3 weeks.
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U.S. stocks closed higher on Monday  after a drop in oil prices eased worries about high energy  costs, although disappointing earnings from diversified  manufacturer 3M Co.MMM.N curbed gains on the blue-chip Dow.