US stocks surge as oil prices tumble

Wall Street rallied today as oil prices tumbled, the service sector reported strong growth and investors embraced large-cap stocks such as Wal-Mart Stores, Coca-Cola and Home Depot.

US stocks surge as oil prices tumble
Tue, 06 Sep, 2005 - 23:16

Wall Street rallied today as oil prices tumbled, the service sector reported strong growth and investors embraced large-cap stocks such as Wal-Mart Stores, Coca-Cola and Home Depot.

The Dow Jones industrial average gained more than 141 points.

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CourtsBusinessHeathrowPlace: USPlace: Wall StreetPlace: San FranciscoPlace: ChicagoPerson: Lynn ReaserPerson: Russ KoesterichPerson: AmericansPerson: KoesterichEvent: Hurricane KatrinaEvent: KatrinaOrganisation: Wal-Mart StoresOrganisation: Coca-ColaOrganisation: Home DepotOrganisation: New York Mercantile ExchangeOrganisation: Bank of AmericaOrganisation: DowOrganisation: NasdaqOrganisation: Institute for Supply ManagementOrganisation: Federal ReserveOrganisation: Barclays Global InvestmentsOrganisation: FedOrganisation: Banc of America SecuritiesOrganisation: Wal-MartOrganisation: Chiron Corp.Organisation: Novartis AGOrganisation: NovartisOrganisation: ChironOrganisation: Northwest AirlinesOrganisation: Standard & PoorOrganisation: New York Stock Exchange
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