Tech strength, drop in oil prices spark Wall Street rally
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NEW YORK : US stocks resumed their rally on Thursday, getting a lift from a sharp drop in crude oil prices and bullish broker comments on the tech sector.
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U.S. stocks rebounded on Wednesday, pushing the Nasdaq to its best day in more than a year, as investors snapped up beaten down technology shares, while the energy sector benefited from a surge in oil prices.
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NEW YORK - A powerful rally lifted Wall Street yesterday after crude oil futures slid more than 7 per cent and strong manufacturing and consumer spending reports allayed fears of a faltering US economy.
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U.S. stocks rose on Monday as a higher price target for shares of Apple Computer Inc.  prompted enthusiasm for technology stocks and a rally in crude oil stalled.
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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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A sharp drop in oil prices gave Wall Street a small relief rally Monday, with stocks regaining ground after falling earlier in the session.
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An Amazon-led tech rally helped the Nasdaq close higher while the Dow ended in the red.
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U.S. stocks were higher on Thursday,  helped by technology shares like Microsoft Corp. MSFT.O and  Intel Corp. INTC.O, which received a brokerage upgrade, and  crude oil prices dropping below $48 a barrel.
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U.S. stocks rallied further on Friday,  as a bright business outlook from computer maker Dell Inc. and  a further dip in oil prices powered blue chips and tech stocks  to close the week at their highest level in months.
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Stocks rallied on Tuesday as a drop in   crude oil prices fueled optimism that receding energy costs   will bolster consumer spending, boost corporate profits and   ease inflation pressures.
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NEW YORK - Stocks rallied in quiet trading Wednesday as lower oil prices brought out buyers, countering a pair of government reports that gave a mixed picture of the economy.    The modest surge in buying was welcome on Wall Street as investors have been in no hurry to commit new money to stocks lately...
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Investors sent stocks sharply higher Friday as new economic data showed strength in manufacturing and construction, and Wall Street greeted the departure of PeopleSoft Inc.'s chief executive by buying up technology shares. The Dow Jones industrials gained 100 points in morning trading.
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NEW YORK - Newly optimistic investors sent stocks sharply higher Friday, propelling the Dow Jones industrials up more than 100 points, after economic data showed strength in manufacturing and construction. Wall Street greeted the departure of PeopleSoft Inc.'s chief executive by buying up technology shares...
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Wall Street stocks managed to gain Friday as investors looked past a sharp rise in oil prices and cheered the strength of Ford Motor Co.
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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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Wall Street stocks rallied on Tuesday, led by a surge in the technology sector, as investors returned from the Labor Day long weekend confident that the Federal Reserve would cut rates this month.
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Stocks rallied on Friday as strong results from Research in Motion lifted the technology sector while a report of another overseas investment in a U.S. investment bank boosted financial stocks.