While you were sleeping: Oil rally continues

Tue, 03 Feb 2015

By Margreet Dietz Feb. 4 (BusinessDesk) - Equities on both sides of the Atlantic advanced with oil prices and optimism about the potential for a debt agreement between the European Union and the new anti-austerity government of Greece. In afternoon trading in New York, the Dow Jones Industrial Average rose 0.99 percent, the Standard & Poor’s 500 Index gained 0.66 percent, while the Nasdaq Composite Index advanced 0.21 percent. Gains in shares of Caterpillar and those of Chevron, up 2.9 percent and 2.7 percent respectively, led the Dow...

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