Wall Street Jumps as Oil Prices Fall
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U.S. stocks surged on Wednesday as  steep oil prices, which have held investor enthusiasm for  stocks in check for months, eased almost 5 percent after a  higher-than-expected rise in crude inventories last week.  NYMEX December crude CLZ4, which on Monday hit an all-time  high of $55.67, settled $2.71 lower at $52.46 a barrel after  falling as low as $52.10 -- more than a $3 drop. Stock market  investors dislike high oil prices because they cut into  consumer spending and corporate profits.
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Stocks edged higher Friday as another drop in oil prices helped Wall Street withstand the effects of a disappointing jobs creation report.
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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 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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U.S. stocks moved higher on Friday,  as oil prices edged down and PeopleSoft Inc. PSFT.O and  chip-related stocks boosted the tech-heavy Nasdaq to its  highest level in more than two months.
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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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Stocks soared Wednesday, with the Dow Jones industrials rising more than 120 points, as a large buildup in the nation&#39;s energy inventories and increased consumer spending sent stock buyers back to the market.
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U.S. stocks rose on Wednesday as  investors bought beaten-down shares and oil prices eased from  the record high hit earlier in the session.
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NEW YORK - Stocks moved higher in early trading Tuesday as oil prices slipped below $46 per barrel, giving investors enough confidence to buy into an oversold market.    Wall Street has been worried that oil prices, which topped $49 per barrel late last week, would raise corporate costs and decrease consumer spending, a recipe for reduced third- and fourth-quarter earnings...
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U.S. stocks climbed on Thursday after  a government report showed an unexpected fall in weekly  unemployment claims last week, reflecting strength in the job  market, and crude oil prices fell.
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Stocks fell sharply  on Wednesday  after oil prices jumped more than a dollar to over $48 a barrel  and investment bank Morgan Stanley MWD.N and brokerage Bear  Stearns Cos. Inc. BSC.N reported declines in quarterly  profits.
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With oil prices dropping, stocks rallied to their second consecutive day of sizeable gains today, with the Dow again rising by triple-digits and the Nasdaq turning in the day&#39;s best overall performance.
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Stocks soared Wednesday, with the Dow Jones industrials rising more than 120 points, as a large buildup in the nation&#39;s energy inventories and increased consumer spending sent buyers back to the 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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U.S. stocks gained on Tuesday as oil   prices fell for a seventh day, helping to ease some inflation   worries, and as Goldman Sachs Group Inc. GS.N reported   stronger-than-expected results.
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Wall Street stocks traded higher Monday as investors got a modest relief after the crude oil prices declined from their new highs above 55 dollars per barrel.
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Wall Street stocks fell sharply Wednesday as surging oil prices overshadowed positive earnings news, prompting investors to cash in more profits.