11-03-2016 16:03 via news.yahoo.com

Energy stocks lead Wall St higher as oil rises

Wall Street rose on Friday, propelled by energy stocks as oil held on to gains. Crude prices rose more than 2 percent, after the International Energy Agency said oil prices might have bottomed as output in the United States and other non-OPEC countries was beginning to fall quickly. "It looks like we're going to close the week on a high note as people are rethinking Draghi's powerful stimulus program," said Peter Cardillo, chief market economist at First Standard Financial in New York.
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