Stocks rise on earnings; oil jumps 5% to $56

April 15, 2015 8:07 PM

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Stocks rise on earnings; oil jumps 5% to $56

Stocks climbed further into the black Wednesday as better-than-expected earnings boosted investor sentiment and sent major indexes back up toward record levels.

Energy stocks led the pack again as oil prices rose for a fourth straight day with benchmark U.S. crude surging more than 5% to $56.28 a barrel in New York.

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