Tuesday, April 3, 2007

Falling oil, rising home sales spark rally

(Reuters) - The rally took the Dow and S&P 500 to their highest levels since February 27.

The drop in oil, which came as hopes grew for a diplomatic resolution to the standoff between Iran and Britain, helped buoy airlines and consumer-oriented shares such as home improvement chain Home Depot Inc. , which gained 2.3 percent.


Read more at Reuters.com Hot Stocks News

No comments: