Wednesday, April 16, 2008

Stocks rally; Oil near $114




U.S. stocks crept higher on Monday with energy shares bouyed by record oil prices and moods lifted by better-than-expected corporate profits.The Dow jumped 60 points to 12,362. The S&P 500 rose 6 points to 1,334. The Nasdaq rallied 10 points to 2,286. Crude oil settled at a record of $113.90 a barrel.