Oil rebound offers respite to badly bruised Wall Street
By Noel Randewich(Reuters) – Wall Street staged a modest rally on Thursday as oil prices recorded their biggest gain this year and ECB President Mario Draghi raised hopes of further stimulus. Seven of 10 major S&P 500 sectors rose, with a 3.3 percent jump in energy stocks leading the way.Helping global and U.S. stocks, the European Central Bank kept its main rates on hold and Draghi said the central bank would “review and possibly reconsider” its monetary policy as early as
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