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Stocks And Oil Are Rallying - Yahoo Finance

Stocks hold near record as oil rebound lifts energy sector - Yahoo News

Google Finance Stocks and oil are rallying on Thursday as oil looks to shake off two days of losses. Near 1:45 pm ET, the Dow was up 91 points, the S&P 500 was 17 points, and the Nasdaq was up 50 points. At these levels, stocks were near their highs of the day as the Dow closes in on 18,000 and the S&P 500 sits just about 10 points below its all time high. Markets were higher on Thursday though the situation in Europe between Greece and its creditors remains unsettled as the outcome of talks between eurozone finance ministers on Wednesday saw no agreements made between the two sides. The price of West Texas Intermediate crude oil was up better than 4% to trade near $51 a barrel. The last couple days had seen oil slip, falling to near $48 a barrel. In economic news, the January report on retail sales disappointed, with headline sales falling 0.8%, more than the 0.4% decline that was expected. The bright spot in the retail sales report was from restaurants and bars, which saw sales rise more than 11% over the same month last year. Initial jobless claims also disappointed, rising to 304,000 last week up from 278,000 the prior week. In stock news, American Express shares were down about 6% after the company said it would end its co-branding agreement with Costco effective March 2016. Tesla shares were also lower, falling more than 6% , after the company last night reported earnings and reported vehicle deliveries in the fourth quarter that disappointed. NOW WATCH: Nationwide's Super Bowl commercial about dead children is about corporate profits ... in a way that we can all appreciate More From Business Insider
Source: http://finance.yahoo.com/news/stocks-oil-rallying-185120631.html

Stocks Moving Modestly Higher Amid Jump In Oil Prices - U.S. Commentary - NASDAQ.com

The Dow is still a few points short of its all-time high. The Nasdaq composite gained 15 points, or 0.3 percent, to 4,873. FOOTBALL HELPS: CBS gained $1.60, or 2.8 percent, to $59.38 after the media company reported earnings late Thursday that were slightly better than Wall Street analysts had been expecting. The company got a boost from higher advertising revenues, led by the broadcast of "Thursday Night Football" and political ad revenues associated with the midterm elections.
Source: http://news.yahoo.com/stocks-hold-near-record-oil-184445375.html

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Stocks Ride Higher as S&P 500 Marks New All-Time Best - NASDAQ.com

Investors shrugged off a drop in one measure of consumer confidence. An early February consumer confidence index fell to 93.6 from a final January reading of 98.1, according to the Thomson Reuters/University of Michigan report. Economists expected little change from last month. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
Source: http://www.nasdaq.com/article/stocks-ride-higher-as-sp-500-marks-new-all-time-best-cm444388

In overseas trading, stocks markets across the Asia-Pacific region moved mostly higher on Friday. Hong Kong's Hang Seng Index jumped by 1.1 percent, while Australia's All Ordinaries Index surged up by 2.2 percent. However, Japan's Nikkei 225 Index bucked the uptrend and dipped by 0.4 percent. The major European markets have also moved to the upside on the day.
Source: http://www.nasdaq.com/article/stocks-moving-modestly-higher-amid-jump-in-oil-prices--us-commentary-20150213-00439

Stocks fluctuating after S&P 500 reaches all-time high - Business - NorthJersey.com

The benchmark gauge has more than tripled from its bear- market low in March 2009, propelled higher by better-than- forecast corporate earnings and three rounds of Federal Reserve bond purchases. The Fed renewed its pledge in January to maintain record-low borrowing costs even as the economy shows signs of acceleration. The S&P 500 has gone more than three years without a retreat of 10 percent or more. But unlike last year, when the gauge never had a streak of losses that exceeded three days, the route higher in 2015 has seen repeated interruptions.
Source: http://www.northjersey.com/news/business/stocks-fluctuating-after-s-38-p-500-reaches-all-time-high-1.1271159

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