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Is the oil scare over for the stock market?

From money.cnn.com

Crashing oil prices looked like the black death for the stock market. Then the market had its best two days of the year and is now back in record territory. So is the oil shock over? It depends. If you're a worker in the energy industry and live in Texas, you could feel some pain. But for everyday Americans, there's no reason to start sweating yet. The U.S. economy is strengthening, and the Federal Reserve will seemingly will do anything to appease the stock market (you can thank Federal Reserve chair Janet Yellen for the 421-point rise in the Dow last week). These two factors are the main reason that experts are ... (full story)

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  • Category: Breaking News