Stocks surge as falling energy prices bolster mood - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Stocks surge as falling energy prices bolster mood

NEW YORK (AP) - Wall Street is surging for the second straight day as tumbling energy prices bolster an already upbeat mood in the market. The Dow Jones industrial average is up 170 points at the 11,409 level, and has been up more than 200 in afternoon trading.

Investors are getting a double dose of good news after weeks of angst about the economy. Light, sweet crude fell nearly $6 a barrel at the close after dropping more than $10 in the previous two sessions. And JPMorgan Chase & Co. and United Technologies Corp. have issued better than expected earnings reports.

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