Markets News Friday: Stocks rise in Europe; Oil price above $124 in New York
                   
finfacts.com     May 16, 2008          

In New York Thursday, the Dow Jones Industrial Average closed up 94.28 points, or 0.7%, at 12992.66, helped by a 1.5% rise in component Chevron. The oil company was upgraded by UBS analysts, who moved the company to a buy rating from hold, saying it is well-positioned to capitalize on oil's... [read full story]                

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