Energy, Metals Stocks Rise with Commodity Prices
Telegraph - Herald (Dubuque) › May 10, 2011
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Summary
NEW YORK - Commodity prices recovered some of last week's losses Monday, helping to lift the stocks of energy and materials companies. The broader market also rose despite new worries about Greece's debt problems.
Oil prices once again moved above $100 per barrel and pushed energy stocks higher. Marathon Oil Corp. rose 5.3 percent. Baker Hughes Inc., which helps companies drill for oil and gas, gained 3.4 percent. Energy companies within the S&P 500 rose nearly 2 percent, the most among the 10 industries in the index.See the full content of this document
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Energy, Metals Stocks Rise with Commodity Prices
The S&P 500 added 6.09 points, or 0.5 percent, to close at 1,346.29. The Dow Jo...
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