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Lower oil prices lead to higher stocks

knowmoremedia.com » 2008 » May » 31st » Lower oil prices lead to higher stocks

Tagged: crm, cal, dna, jnj, expe, cop, apc, bby, ma, uaua, kss, retailers, mhp, elnk, m, stocks, celg, lstr, do, luv, acn, amln, coco, nsc, alks, expd, crude oil prices, upl, economic data, energy stocks, healthcare stocks, stock recap

Stocks gained ground for a third straight day as crude oil prices plunged by more than $4 a barrel. The markets surged higher early in the afternoon before losing some of their gains as the afternoon went along. The Dow finished higher by 52. The Nasdaq closed higher by 22. The S&P 500 closed higher by 7 points, or about .5%. The transportation sector stood out as a major winner today as oil Continue Reading »


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