US investors send stocks soaring

US investors brushed aside a spike in oil prices today, sending stocks higher on the strength of Ford Motor Co’s bullish profit outlook.

US investors send stocks soaring
Fri, 17 Sep, 2004 - 22:46

US investors brushed aside a spike in oil prices today, sending stocks higher on the strength of Ford Motor Co’s bullish profit outlook.

Ford’s outlook was a surprise since the vehicle manufacturer announced cutbacks in production earlier this month.

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CourtsBusinessHeathrowPlace: USPlace: Gulf of MexicoEvent: Hurricane IvanOrganisation: Ford Motor CoOrganisation: FordOrganisation: Wall StreetOrganisation: New York Mercantile ExchangeOrganisation: Nasdaq
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