STOCK UP: Stocks more closed Wednesday for the first day this week as rising oil prices offset concerns over the global recovery. More high prices for copper, of money and other commodities raised business equipment and energy.
OIL-fuelled: oil rose nearly $2 to settle at $101.32 per barrel, pushing energy stocks higher. Cabot oil and gas Corp. led the S & P 500, rising 7 percent.
Indexes: the Dow Jones industrial average increased 38.45 points, or 0.3%, to 12,394.66. The standard & poor 500 index increased 4.19, or 0.3%, to 1,320.47. The Nasdaq composite increased 15.22, or 0.6%, to 2,761.38.
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