Wall St. up on Dow-DuPont merger reports, higher oil

December 9, 2015 4:14 PM

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Wall St. up on Dow-DuPont merger reports, higher oil

U.S. stocks looked set to snap a two-day losing streak as crude oil prices clawed back some losses and reported merger talks between Dow Chemical and DuPont helped prop up shares of raw materials companies.

Crude oil prices steadied after a brutal five-day selloff, but many investors expect oil to fall below 2008 lows due to a global supply glut. Copper prices also held their ground. [O/R]

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