Energy shares powered blue-chip stocks to five-year highs as Valero Energy reported better-than-expected earnings and investors shrugged off sluggish consumer-confidence data.
The Dow Jones Industrial Average added 72.49 points, or 0.5 per cent, to 13,954.42 Tuesday, its highest close since October 2007. The Standard & Poor's 500-stock index rose 7.66 points, or 0.5 per cent, to 1507.84. The Nasdaq Composite Index edged down 0.64 point, or less than 0.1 per cent, to 3153.66.
Source:
http://www.theaustralian.com.au/business/markets/djia-eyes-five-year-high-as-pfizer-earnings-boost-sentiment/story-e6frg91o-1226564698411
