US stocks rise as oil prices fall
Stocks edged higher atoday as another drop in oil prices helped Wall Street withstand the effects of a disappointing jobs creation report. The major indexes achieved a second straight week of gains.
Crude oil futures continued their decline, falling below the 43-per-barrel mark for the first time in 2.5 months. A barrel of light crude settled at 42.54, down 71 cents, on the New York Mercantile Exchange, raising hopes that a continued slide in oil prices would lift an economy weighed down by high energy costs.