Stock Market
Banks, Oils Lift Stocks
Elsewhere, commodities stayed in the spotlight as crude oil rose $1.35 to $72.68 a barrel. The International Energy Agency said on Thursday that the slump in global oil demand for the year may be less severe than previously expected, the first upward revision to its estimates in 10 months. That follows an inventory drawdown last week and an improved forecast form the Energy Information Administration earlier in the week.
Among oil stocks, Chevron(CVX) rose 2.4%, Chesapeake Energy(CHK) increased 1.6%, and PetroChina(PTR) rose 2%. The dollar was recently stronger vs. the yen, pound and euro. Gold, meanwhile, rose $7.30 to $962. Stocks overseas were mostly higher. In Europe, London's FTSE 100 and Frankfurt's Dax were up 0.6% and 1.1%, respectively. Japan's Nikkei edged down 0.1%, while Hong Kong's Hang Seng climbed 0.03%.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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