Wall Street Rallies To Records After Oil Price Ease
NEW YORK (AP) — The U.S. stock market rose to records Tuesday after oil prices eased and companies kept reporting bigger profits for the start of the year than analysts expected. The S&P 500 climbed 0.8% to top its prior all-time high set at the end of last week. The Dow Jones Industrial Average added 356 points, or 0.7%, and the Nasdaq composite set its own record after rallying 1%. Stocks got a boost after oil prices gave back much of their big jumps from Monday. The price for a barrel of Brent crude, the international standard, fell 4% to $109.87 after briefly cresting $115 on ...