Falling Oil Prices Lift Dow to Six-Week High
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US stocks rose after crude oil prices extended their decline to a fourth day, easing concern that higher energy prices will hinder economic growth.
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U.S. crude oil futures rose to a fresh  six-week high on Friday as frigid weather swooped into the  Northeast heating oil market, threatening to strain already  tight winter fuel stockpiles.
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US stocks fell as oil prices reached a new high, spurring concern that rising energy costs will hamper earnings growth. The Dow Jones industrial average closed below 10,000 for the first time in six weeks.
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The yen hit a six-month high against the  dollar on Thursday as falling oil prices boosted Tokyo stocks,  while the dollar remained close to eight-month lows against the  euro on concerns about the U.S. trade gap.
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Oil climbed above $61 to a seven-week high on Friday after top fuel consumer the United States reported an unexpected drop in gasoline stocks and Iran said it would show 'no weakness' over its nuclear program.
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U.S. stocks surged on Wednesday with  the Dow back above 10,000 after oil prices fell almost 5  percent, alleviating worry that high energy costs will eat into  corporate profits and consumers' wallets.
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Oil fell to a six-week low on Tuesday, dragged lower by a stock market plunge and fears a slowdown in the United States could have a much wider impact than previously thought.
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U.S. stocks rallied on Monday, with the S&P 500 index reaching a six-year high and the Nasdaq jumping more than 1 percent as lower oil prices and a wave of takeover deals boosted optimism about the economic outlook and corporate valuations.
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Oil prices went down and stock prices went up, pushing blue chip stocks to their third straight weekly gain. All the major stock market indexes moved up, although it was one of the lightest trading weeks of
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The Dow Jones industrials shot up more than 160 points Wednesday, enjoying one of its best days of the year as crude prices plummeted on a weekly government report on oil inventories.
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Battered oil prices struggled on Friday to shake off this week's &#36;6 slump, edging up from a 12-week low after a massive round of selling triggered by easing worries about winter supply.
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US blue-chips closed at six-week highs on Friday, helped by reassuring consumer confidence data and a bounce in technology stocks, but volume was extremely thin before
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The Dow Jones industrial average on   Thursday briefly traded above its all-time closing high for the   first time in 6-1/2 years, extending a recent rally on a   bullish view about corporate profits.
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A decline in the price of oil helped lift U.S. stocks to their highest level in two-months on Tuesday.
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by dip in oil prices. BY TOM VAN RIPER. A plunge in oil prices propelled stocks to big gains yesterday, with the Dow closing above 10,000 for the first time in two weeks.
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Oil prices rebounded to above $66 a   barrel on Tuesday, with bargain-hunting traders ending a   six-day retreat after Iran sounded a softer note on its atomic   program and OPEC agreed to keep production steady for now.
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The biggest one-day drop in oil prices  since September 2001 helped send U.S. stock prices higher on  Wednesday.