✉news BusinessMarkets first seen 4 h ago, last 4 h ago, peak #34
US stocks rise as oil prices ease at end of winning week
Original: A reprieve from rising oil prices helps US stocks rise toward the finish of a winning week
US stocks moved higher as oil prices pulled back, giving markets a break from the energy-driven inflation pressures that have weighed on investor sentiment in recent weeks. The gains put Wall Street on track to close out a winning week, with traders welcoming relief at the pump and in crude markets.
Why now: A dip in oil prices is easing inflation concerns and lifting equity markets.
Evidence
- A reprieve from rising oil prices helps US stocks rise toward the finish of a winning week · shorelinemedia.net
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