Monday, June 4, 2007

Dow, S&P close at records as energy shares rise

(Reuters) - Wal-Mart Stores Inc. rose 3.5 percent, boosting the Dow and the S&P, after several brokerages raised their ratings on the retailer's shares.




Energy stocks led the S&P higher as oil climbed above $70 in London on news that a cyclone was headed toward the oil-producing Arabian peninsula with the potential to disrupt supply. Shares of Chevron Corp. rose 1.1 percent to $83.13.


Read more at Reuters.com Business News

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