Monday, August 28, 2006

Stocks jump as oil prices sink

Crude falls and natural gas futures plunge as the threat from Ernesto dissipates. Wal-Mart meets its sales target for August. Ford is reportedly close to selling a stake in its financial unit. The energy sector leads Merger Monday.... The Dow Jones Industrial Average gained 58 points, 0.5%, to 11,342 at 11:12 a.m. ET and the Standard & Poor's 500 Index was up 6 points, 0.5%, to 1,300. The Nasdaq Composite Index rose 16 points, 0.7%, to 2,156.

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