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Tag Archives: Benchmark

US stocks rising as crude oil prices get lift

US stocks rising as crude oil prices get lift

NEW YORK (AP) — Stocks are turning higher in early trading Wednesday on strong earnings reports and a rise in crude oil prices. Several energy companies are rising sharply after getting a beat-down the day before. Oil-rig operator Transocean is up 5 percent. KEEPING SCORE: The Dow Jones industrial average rose 40 points, or 0.2 percent, to 17,004 as of ...

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Oil slips below $80, energy stocks fall

NEW YORK — The price of oil fell below $80 a barrel Monday morning and investors resumed their retreat from energy stocks. Mounting evidence of rising supplies and weak demand continues to sour investors on prospects for crude oil and the companies that produce it. Goldman Sachs was the latest Wall Street bank to lower its forecast for crude prices, ...

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