Thursday, October 28, 2004

Stocks climb with oil's fall

The Associated Press

NEW YORK - Stocks rose sharply Wednesday, extending their rally for a second session as investors expressed relief over plummeting oil prices following a government report that showed a build in crude inventories. The Dow Jones industrial average had its second straight triple-digit gain, pushing back above the 10,000 mark.

The resulting plunge in crude futures helped equities bounce back from a lackluster open. The question for stock investors is whether oil prices will continue to fall.

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