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Stocks turn higher following durable goods report (AP)

In this Aug. 19, 2008 file photo of the Chevron Genesis Oil Rig Platform in the Gulf of Mexico near New Orleans, La. Light, sweet crude rose $2.55 a barrel to $118.82 on the New York Mercantile Exchange Wednesday, Aug. 27, 2008, amid continuing concerns that Tropical Storm Gustav might hit Gulf of Mexico installations. (AP Photo/Mary Altaffer, file)AP - Stocks turned higher Wednesday after the government reported a larger-than-expected increase in orders for big-ticket manufactured goods, offsetting some unease about a rise in oil prices.

Original post by AP

This entry was posted on Wednesday, August 27th, 2008 at 9:59 am and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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