Midday Report: Dunkin' Scores MSG Deal; Stocks Rally on Oil

Wall Street made a last-ditch effort to end the year in the green in a broad rally that covered all sectors on Tuesday.
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Wall Street made a last-ditch effort to end the year in the green in a broad rally that covered all sectors on Tuesday. Crude oil rebounded, recapturing a level above $37 a barrel. Consumers grew more confident in December as the labor market maintained its growth and optimism for the overall economy in 2016 rose. A measure on confidence increased more than expected this month. Dunkin' Brands (DNKN) climbed after announcing a new partnership with Madison Square Garden (MSG). As part of the deal, the Dunkin' Donuts brand will have significant ad space during Knicks, Rangers and Liberty games. Freeport-McMoRan (FCX) rebounded from a nearly 10 percent decline a day earlier. Shares had been under pressure after chairman and co-founder James Moffett announced his resignation. TheStreet's Keris Lahiff has details from New York.