05-12-2016 21:10 via news.yahoo.com

Wall Street gains, helped by oil, economic data

Wall Street rose on Monday, with the Dow Jones industrials setting a fresh intraday record high, as further gains in oil prices fuelled the energy sector and data showed strength in the domestic economy. "A lot of people were negative going into the election, or cautious, so now they’re scrambling year-end to own stocks," said Alan Lancz, president of investment advisory firm Alan B. Lancz & Associates Inc in Toledo, Ohio. The energy sector gained 1 percent as crude rose above $55 a ba
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