Stocks Extend Rally As Oil Prices Continue Fall
July 17th, 2008 | 
Author: Stocks Extend Rally on Lower Energy Prices
NEW YORK (AP) – Wall Street surged Thursday, extending its rally into a second session as tumbling energy prices bolstered an already upbeat mood that followed stronger-than-expected quarterly reports from big names like JPMorgan Chase and United Technologies.
The Dow Jones industrial average rose nearly 150 points.Investors got a double dose of good news after weeks of angst about the economy. Light, sweet crude fell $5.31 to settle at $129.29 a barrel after dropping more than $10 in the previous two sessions.
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