US stocks gain

Wall Street ended a volatile session marginally higher today after stocks first surged on robust retail sales numbers but pared their gains as oil prices spiked.

US stocks gain

Wall Street ended a volatile session marginally higher today after stocks first surged on robust retail sales numbers but pared their gains as oil prices spiked.

The Energy Department reported crude inventories fell for a third straight week, which sent oil and gasoline prices sharply higher. Less supply means both oil and gas could cost more, and that was viewed by the stock market as an obstacle to consumer spending.

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