US stocks rise


  • Business
  • Thursday, 02 Feb 2006

NEW YORK: Stocks rallied higher Wednesday after oil futures fell by more than $1 a barrel and Dow Jones industrial Boeing Co. said its earnings had more than doubled. 

A late afternoon tumble in oil prices sent stocks higher in the final hour of trading. Oil fell $1.36 a barrel to settle at $66.56 on the New York Mercantile Exchange. 

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