Dow surges to all-time high as oil price drops
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The Dow Jones industrial average hit an all-time high on Tuesday, surpassing the previous record made in 2000, as investors bet that sliding crude oil prices will stimulate consumer spending and boost corporate profits even as the economy slows.
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World stocks hit a lifetime peak on Monday as a fresh bout of corporate takeover activity helped ease concerns about oil prices which approached record highs.
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U.S. stocks extended their rally on  Thursday, taking the Dow to its highest close since March, as  oil prices fell -- easing concerns about the impact of high  energy costs on profits and consumer spending.
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Oil hit a record high above $79 a barrel on Wednesday, propelled by an unexpectedly large drop in U.S. crude oil stocks that coincided with only a small output increase from OPEC ahead of peak winter demand.
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World oil prices vaulted to record highs Friday, stirring fears of $US60 a barrel for New York crude, as traders sweated over tight US energy stocks and rampant, China-driven demand.
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Oil prices surged nearly 6 percent on  Wednesday as the U.S. government reported a fall in heating oil  stocks in the midst of an arctic cold blast in the Northeast,  the world's largest heating oil market.
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TORONTO - Crude oil prices hit an all-time high Tuesday, pushing past the psychological barrier of $50 US per barrel during Asian trading.
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The Dow Jones industrial average  (.DJI) finished at an all-time closing high on Tuesday,  surpassing the previous record set in 2000, as investors bet  that sliding crude oil prices will stimulate consumer spending  and lift corporate profits even as the economy slows.
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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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U.S. stocks rallied on Wednesday, driving the blue-chip Dow Jones industrial average up 100 points to an all-time closing high for a second day as positive momentum brought buyers into stocks.
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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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The Dow industrials climbed to an all-time high on Friday after government data showed consumer prices held steady last month, reassuring investors that the economy is maintaining growth with inflation under control.
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By George Chamberlin , Daily Transcript Financial Correspondent. A big drop in oil prices helped stock prices move higher Wednesday.
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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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The biggest one-day drop in oil prices  since September 2001 helped send U.S. stock prices higher on  Wednesday.
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U.S. stocks soared on Wednesday, driving the Dow up more than 100 points and propelling it to an all-time high for the second day as positive momentum brought buyers into the market.
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Stocks rallied on Thursday, boosting the Dow to a record, as healthy sales from key retailers reassured investors about the economy, while takeover speculation drove Alcoa Inc.'s  shares to a lifetime high.