Stocks Sharply Higher on Dip in Oil Prices
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NEW YORK - A drop in oil prices and upbeat outlooks from Wal-Mart and Lowe's prompted some bargain-hunting on Wall Street, sending stocks sharply higher Monday, with the swing exaggerated by thin late summer trading. The Dow Jones industrials surged more than 120 points higher in late trading...
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NEW YORK - A drop in oil prices and upbeat outlooks from Wal-Mart and Lowe's helped send stocks sharply higher Monday on Wall Street, with the swing exaggerated by thin late summer trading. The Dow Jones industrials surged nearly 130 points...
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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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An unexpected dip in oil prices - just hours after crude pushed past $54 per barrel - cheered investors Tuesday, moving stocks off their lows in late trading and keeping the major indexes mixed.
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By George Chamberlin , Daily Transcript Financial Correspondent. Investors once again shrugged off volatility in the oil patch Friday and pushed stock prices modestly higher.
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NEW YORK - A welcome drop off in oil prices sent stocks sharply higher Friday, sparking hopes that the stock market's recent downturn was at an end. The major indexes were all poised to end the week higher...
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U.S. stocks ended higher on Tuesday,  even as oil prices hit another record, as investors  were  encouraged by data showing an easing of inflationary pressure  and a sharp rebound in the housing market.
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US stocks rebounded on Wednesday morning as oil prices fell sharply after a higher-than-expected rise in crude stocks trumped a drop in distillate inventories.
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NEW YORK - A sharp drop in oil prices gave Wall Street a small relief rally Monday, with stocks regaining ground after falling earlier in the session.    While oil prices topped $55 per barrel in pre-market trading, the latest production report from OPEC - showing oil production at 25-year highs - deflated futures trading substantially...
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NEW YORK - Stocks rose sharply Wednesday, extending their rally for a second session as investors expressed relief over plummeting oil prices following a government report that showed a buildup in crude inventories.
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U.S. stocks opened higher on Thursday, aided by a dip in oil prices below $62 a barrel, as investors awaited Friday's November jobs report and any news that may shed on the economy.
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Stocks rose after US crude oil fell below $50 a barrel on Monday, offsetting jitters ahead of an uncertain outcome for the US presidential election.
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Stocks gained on Friday as shares of energy companies got a boost from rising oil prices.
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NEW YORK - Investors bid stocks higher Tuesday as oil stepped back from its highs and earnings results from companies including International Business Machines Corp. and Texas Instruments Inc...
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U.S. stocks surged on Wednesday as oil  prices, which have held investor enthusiasm for stocks in check  for months, fell sharply after a higher-than-expected crude  build last week.
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A sharp drop in oil prices gave Wall Street a modest relief rally yesterday, with stocks edging higher on news that oil production had soared during the month of September.
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NEW YORK - Stocks edged higher Friday as a dip in oil prices and a satisfactory report on durable goods orders cheered investors at the end of a losing week.    In late morning trading, the Dow Jones industrial average rose 27.14, or 0.3 percent, to 10,066.04...