US stocks rise

US stocks rallied on Wall Street today after oil futures fell by more than 1 dollar a barrel and Dow Jones industrial average component Boeing said its earnings had more than doubled.

US stocks rise
Wed, 01 Feb, 2006 - 21:30

US stocks rallied on Wall Street today after oil futures fell by more than 1 dollar a barrel and Dow Jones industrial average component Boeing said its earnings had more than doubled.

A late afternoon tumble in oil prices sent stocks higher in the final hour of trading. Oil fell 1.36 a barrel to settle at 66.56 on the New York Mercantile Exchange.

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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