USD 77.9568

+0.47

EUR 88.9097

+0.38

Brent 85.88

+0.82

Natural gas 2.928

+0.02

229

Stocks Gained Again, Oil Prices Lost

Stocks advanced for the second straight session Wednesday with another decline in oil prices

Stocks Gained Again, Oil Prices Lost

Stocks advanced for the second straight session Wednesday while oil prices eased and several upbeat profit reports on Wall Street.

Investors voted that a sustained drop in oil prices would give a crucial boost to the economy.

A barrel of light, sweet crude tumbled $3.98 to settle at $124.44 a barrel on the New York Mercantile Exchange.

The Dow rose 29.88 to 11,632.38 after rising nearly 100 points early in the session.

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