U.S. Stocks Rise With Oil as S&P 500 Rallies to Six-Week High

  • Investors continue to buy beaten-down banks, commodity shares
  • VIX volatility index fell below 20 for first time in 3 weeks

Shocks or Stability Ahead for U.S. Equities?

U.S. stocks rallied, with the Standard & Poor’s 500 Index closing at a six-week high, amid broad gains as a surge in oil prices helped lessen concern that a slowdown in global growth is deepening.

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