Summary
Another sharp drop in oil prices helped Wall Street overcome profit-taking and extend its rally to a third straight session Thursday. The major indexes posted modest gains in a heavily traded session.
Concern over China's decision to raise its benchmark interest rate pressured materials and energy stocks as investors worried about slower demand from the world's fastest-growing economy. However, the move also encouraged selling in oil.See the full content of this document
Extract
Stocks Post a Slight Gain As Oil Prices Fall
Oil prices dropped past $51 per barrel, continuing Wednesday'...
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