Sharecafe

AM Report: Surging Oil Prices Push Stocks Higher

US sharemarkets see-sawed during the Thursday session. Energy shares rallied 9.1% on a record lift in the oil price. Although investors fretted about the health of the US economy with claims for unemployment insurance soaring.

US sharemarkets see-sawed during the Thursday session. Energy shares rallied 9.1% on a record lift in the oil price. Although investors fretted about the health of the US economy with claims for unemployment insurance soaring.

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