BloggingStocks has a new home! Daily Finance.

Click here to visit the new home of BloggingStocks!

Hot on DailyFinance:

See More Stories

stock rally fuels oil higher posts

Feed

Oil jumps to $77 Per Barrel Fueled By Stock Rally

Posted Jul 13th 2010 6:30PM by Connie Madon (RSS feed)
Filed under: Major Movement, Industry, Market Matters, Economic Data, Oil

The stock market is on a tear, fueled higher by better than expected corporate earnings. So says Phil Flynn of PFG Best Research who stated: "There is no doubt that the stock market led the oil market higher."

It stands to reason. When the economy does better, there is more demand for oil. The August contract was up $2.20 to $77.15, up form $74.25. London Brent crude was up $2.28 to $76.85

Continue reading Oil jumps to $77 Per Barrel Fueled By Stock Rally

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 28, 2012: 11:55 PM

Hot Stocks

General Electric

19.20-0.05(-0.26)

Alcoa

8.630.00(0.00)

Apple Inc

562.29-3.03(-0.54)

Google Inc 'A'

591.53-12.13(-2.01)

Bank of America

7.15+0.01(+0.14)

Wal-Mart Stores

65.31+0.24(+0.37)

Exxon Mobil Corp

82.08-0.53(-0.64)

Ford

10.60+0.01(+0.09)

Citigroup

26.47-0.19(-0.71)

IBM

194.30-1.79(-0.91)

Yahoo

15.36+0.01(+0.07)

Starbucks

54.56-0.20(-0.37)

Microsoft

29.06-0.01(-0.03)

Home Depot

49.44-0.27(-0.54)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

  • My Portfolio
  • Create a New Portfolio

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1338263726207 ms.