Wall Street rebounds despite high oil prices
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NEW YORK : Wall Street rebounded this week as investors showed confidence in the US economy despite high oil prices, but the market could stagnate next week ahead of the highly anticipated monthly US unemployment report.
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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, Oct. 15 -- Stocks rebounded moderately Friday as a government report showed that higher oil prices aren&#39;t reducing retail sales.
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NEW YORK - Stocks moved higher Friday as a stronger than expected retail sales report showed that higher oil prices aren't scaring consumers away from spending.    Wall Street had worried that soaring oil and gasoline prices would prompt consumers to spend less...
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Stocks turned higher Tuesday, sending the Dow Jones industrial average back above the 10,000 mark, as investors shrugged off rising energy prices and focused instead on good corporate news.
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Stocks rebounded on Wednesday, pushing the S&P 500 and the Nasdaq up more than 2 percent, after investors snapped up beaten down technology shares, while the energy sector benefited from a surge in oil prices.
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U.S. stocks ended higher on Wednesday  as better-than-expected earnings from Lehman Brothers Holdings  Inc. LEH.N provided a lift, even as crude oil prices rose to  a 2-week high and sparked worry about high energy costs.
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Stocks rebounded today after the crude oil market stabilized and well-known retail chains reported business isn't so bad after all.
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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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U.S. stocks rallied 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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NEW YORK - Stocks moved higher in light Columbus Day trading Monday, rebounding after two sessions of heavy selling driven by surging oil prices and a disappointing employment report.    The Dow Jones industrial average was up 32.00, or 0.3 percent, at 10,087.20...
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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 - Encouraged by a sharp drop in oil prices, Wall Street rebounded from its lows Tuesday and closed with just a narrow loss. The market drew support from upbeat earnings news from Johnson & Johnson and Merrill Lynch & Co...
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Stocks rose on Friday, with all three major Wall Street indexes poised to end the week higher, after rising oil prices lifted energy shares and a stronger-than-expected jobs report indicated strength in the economy.
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Stocks gained on Wednesday, helped by gains in energy shares as oil prices neared $73 a barrel and a rebound in beaten-down financial shares a day after a sharp sell-off on worries about a crisis in the subprime mortgage industry.
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NEW YORK - Stocks moved higher Tuesday, with the Dow Jones industrial average rising back above 10,000, as investors shrugged off volatile energy prices and a downbeat consumer confidence reading, focusing instead on good corporate news.    Light crude for November delivery surged above the psychologically important $50 milestone early in the session, but backed off that record high after Saudi Arabia indicated it would raise its output if necessary...
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NEW YORK - Stocks rebounded Tuesday, with the Dow Jones industrial average rising solidly above 10,000 as investors, less anxious about volatile energy prices, focused instead on good corporate news.    Light crude for November delivery surged above the psychologically important $50 milestone early in the session, but backed off that record high after Saudi Arabia indicated it would raise its output if necessary...