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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 hottes stickers right now 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 ...
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

EUROZONE GROWTH SHOCKER: Data out Friday showed the eurozone economy picked up speed in the fourth quarter thanks to better growth in Germany and Spain. The currency union's economy grew 0.3 percent in the October-December period compared with the previous quarter, more than expected, thanks also to lower oil prices and a weaker euro. The growth rate, while encouraging, is still only about half that of the U.S. EUROPE'S DAY: Germany's DAX added 0.4 percent to 10,963 after touching a record high, while France's CAC 40 rose 0.7 percent to 4,759.
Source: http://news.yahoo.com/stocks-hold-near-record-oil-184445375.html

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

However, the early buying interest has been partly offset by the release of a report from the University of Michigan showing a sharp pullback in U.S. consumer sentiment in the month of February. The University of Michigan said its preliminary consumer sentiment index for February tumbled to 93.6 from the final January reading of 98.1. The steep drop came as a surprise to economists, who had expected the consumer sentiment index to edge up to a reading of 98.5. Nonetheless, oil service stocks are turning in a strong performance amid the continued increase by the price of crude.
Source: http://www.nasdaq.com/article/stocks-moving-modestly-higher-amid-jump-in-oil-prices--us-commentary-20150213-00439

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. Copyright (C) 2014 MTNewswires.com.
Source: http://www.nasdaq.com/article/stocks-ride-higher-as-sp-500-marks-new-all-time-best-cm444388

Stocks End Higher After Ukraine Deal, M&A Activity - Yahoo Finance

The drop was driven by a 9.3% drop in gas station sales as oil prices continued their decline. However, even excluding gas sales were unchanged from the previous month. At market close the Dow, S&P 500 and Nasdaq were up 0.6%, 1.0% and 1.2% respectively. Stocks on the Move Expedia (EXPE) is buying rival Orbitz (OWW) for $1.3 billion.
Source: http://finance.yahoo.com/news/stocks-end-higher-ukraine-deal-222000958.html

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