19-10-2016 20:45 via news.yahoo.com

Wall St. climbs on oil, earnings; Intel curbs advance

U.S. stocks were on track for its second straight advance on Wednesday, as a climb in oil prices buoyed the energy sector and earnings from Morgan Stanley helped lift financials. Oil prices were up more than 2 percent, with U.S. crude touching a 15-month high after the government reported a sharp drop in domestic inventories for the sixth week in seven. Morgan Stanley gained 1.8 percent after posting a better-than-expected quarterly profit to round out a string of solid results from big U.S. ban
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