US stocks surged on Tuesday as an unexpected leap in housing starts pushed Home Depot and other retailers higher while bullish comments from a broker on Cisco Systems helped technology shares rebound. A nearly 4 percent rise in US crude oil futures boosted energy shares. Chevron shares rose 3.8 percent to $65.31 and ranked as the Dows top gainer.
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- Monday's midday trade: Wall Street up
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1 Comment
Yeah, but the Dow closed at 7,400 today (Thursday). I think things will be better toward the end of the year.
Posted on March 19, 2009 at 3:53 PM
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