FOXBusiness: Stocks Reverse Course on Oil Comeback

Today's Market The Dow Jones Industrial Average rose 29.88 points, or 0.26% to 11632.38, the Standard & Poor’s 500 index gained 5.19 points, or 0.41%, to 1282.19 and the Nasdaq Composite Index picked up 21.92 points, or 0.95%, to 2325.88. The consumer-friendly FOX 50 added 7.57 points, or 0.84% to 910.15. Wall Street closed well off the highest levels of the day, as the blue chips had been almost 100 points higher during the morning. Still, the stock market has improved significantly over the past weeks, including positive closes on the Dow in five out of the past six sessions. Despite an avalanche of mixed earnings reports on Wednesday, including four from blue-chip companies, the talk on Wall Street was all about the diving price of oil. “For oil to be the key driver means the earnings, for the most part, are more good news... [read full story]