us stocks up on oil hike.......what

  1. 2,141 Posts.
    Dont you love the way it changes from oil sends the stockmarket down, to oil sends the stockmarket up...whatever is easier.....of course oil being up would make the Nasdaq rise wouldnt it?
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    US stocks up on oil hike


    Source:
    SYDNEY AAP

    Date:
    2005-Feb-25 07:29 AM


    US stocks rose as oil prices touched a new four-month high, boosting energy shares.


    The Dow Jones industrial average was up 62.44 points at 10,736.23. The Standard & Poor's 500 Index was up 7.53 points at 1198.53. The Nasdaq Composite Index was up 17.31 points at 2048.56.


    LONDON - Britain's FTSE 100 closed lower for a third straight session on higher oil prices and some weak sales results.


    The FTSE 100 closed at 4972.1 points, down 16.4 points.


    FRANKFURT - The DAX index ended at 4304.29 points, down 6.37 points.


    PARIS - The CAC-40 index closed at 3977.67 points, up 0.48 points.


    TOKYO - Japan's Nikkei share average rose for the first time in four days on hihger metals prices and improved earnings optimism.


    The Nikkei closed up 30.97 points to 11,531.15.


    HONG KONG - Stocks climbed following gains on Wall Street and with global retailer Esprit soaring after reporting better than expected earnings.


    The Hang Seng Index ended up 102.97 points to 14,060.91.


    WELLINGTON - Investors pushed the sharemarket sideways today, with both key indices failing to lever off mildly positive performances of offshore bourses.


    The benchmark NZSX-50 was down 0.93 of a point at 3145.39, while the NZSX-All capital index was up 1.45 points at 1033.81.
 
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