Dow Up 56 on Oil, Gold

Energy firms rise as oil adds $3.08
By Nick McMaster,  Newser Staff
Posted Sep 8, 2009 3:21 PM CDT
Dow Up 56 on Oil, Gold
Specialists work on the trading floor of the New York Stock Exchange Tuesday, Sept. 8, 2009.   (AP Photo/David Karp)

Stocks posted solid gains today as commodity prices rose, the Wall Street Journal reports. Oil jumped $3.08 to $71.28 a barrel and gold crossed the $1,000-an-ounce mark. Commodity-producing stocks Exxon, Chevron, and Alcoa all saw gains as a result. The Dow added 56 points to close at 9,497. The Nasdaq gained 19 points, settling at 2,038, and the S&P 500 rose 9 points to close at 1,025.
(More Dow Jones stories.)

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