actsnoblemartin
06-05-2008, 04:34 PM
http://biz.yahoo.com/ap/080605/wall_street.html
Wall Street shrugs off spike in oil and finds solace in upbeat jobs data, retailer sales
NEW YORK (AP) -- Wall Street surged Thursday as investors looked past a sharp rebound in oil prices and focused on comforting news about the economy -- better-than-expected retail sales and a drop in the number of laid-off workers seeking unemployment benefits.
The Dow Jones industrials rose almost 214 points, posting its biggest daily point gain since April 18.
Wall Street shrugs off spike in oil and finds solace in upbeat jobs data, retailer sales
NEW YORK (AP) -- Wall Street surged Thursday as investors looked past a sharp rebound in oil prices and focused on comforting news about the economy -- better-than-expected retail sales and a drop in the number of laid-off workers seeking unemployment benefits.
The Dow Jones industrials rose almost 214 points, posting its biggest daily point gain since April 18.