Thursday, June 14, 2007

Oil sector, moderate inflation boost US stock indexes

(Reuters) - U.S. stocks rose on Thursday as a 2 percent gain in oil prices boosted shares of Exxon Mobil Corp. and other energy companies while data showing moderate inflation lifted optimism about the economy.

Exxon's stock led the major advancers in the S&P 500 as crude rose on gasoline supply concerns.


Read more at Reuters Africa

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