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MARKET SNAPSHOT: U.S. Stocks Notch Records, Fourth Week Of Gains

U.S. stocks on Friday advanced to a fourth weekly gain, with both the Dow industrials and the S&P 500 at all-time closes, after data cast a positive spin on the economy.The Conference Board's leading economic index rebounded in April from a downwardly revised reading in March. Separately, the initial May reading of the University of Michigan and Thomson Reuters consumer-sentiment index jumped more than expected, according to news reports."Certainly economic data support the market rising, and there is still a huge element related to quantitative easing for sure," Randy Frederick, managing director of active trading and derivatives at Charles Schwab, said of ongoing monetary easing by the U.S. Federal Reserve.That easing, which has involved three rounds of bond buying by the Fed, along with better-than-projected corporate earnings, has fueled a bull run, which entered a fifth year in March."We may have been in a bull market even if there was no quantitative easing and interest rates wer...

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  1. Oil Futures Follow Broader Markets to One-Week High

    Oil futures rose to a one-week high Friday, as broader markets rallied on positive U.S. economic data.Light, sweet crude for June delivery settled 86 cents, or 0.9%,...

  2. MARKET SNAPSHOT: U.S. Stocks Rise Toward Fourth Week Of Gains

    U.S. stocks on Friday advanced towards a fourth weekly gain, with both the Dow industrials and the S&P 500 poised for record closes, after data cast a positive spin ...

  3. Oil Futures End Higher After Strong Data

    Oil futures ended higher on Friday, pushing above $96.00, amid stronger-than-expected economic data. The University of Michigan and Thomson Reuters consumer-sentimen...

  4. Crude -Oil Futures Rally As Stock Market Powers Higher

    Oil futures rallied for the second straight session Friday, lifted by stronger equity markets after positive U.S. economic data.Light, sweet crude for June delivery ...

  5. Crude Oil Steady but Nymex Decline Likely

    Crude-oil futures were little changed in Asian trading on Friday with the U.S. benchmark holding above $95 a barrel but headed for its first weekly decline in four w...

  6. MARKET SNAPSHOT: U.S. Stocks Halt Record Run On Fed Talk

    U.S. stocks declined Thursday, halting the S&P 500's four-session winning streak, after a Federal Reserve official said the central bank could begin tamping back on ...

  7. MARKET SNAPSHOT: U.S. Stocks In Mild Retreat From Record Highs

    U.S. stocks wobbled on Thursday as any attempt at a selloff only served to lure in sidelined retail investors."We've had very few down days, or they are shallow down...

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