US stocks gain after oil drops, sentiment improves

Newswire

(Updates to midmorning) By Caroline Valetkevitch NEW YORK, Nov 23 (Reuters) - U.S. stocks rose on Wednesday as a drop in crude prices after the latest inventory data and a report showing stronger-than-expected consumer sentiment raised investors' hopes about healthy household spending before the holiday shopping season. Stocks also got a boost on news the University of Michigan's index of consumer sentiment recovered from a two-month slump to 81.6 this month from 74.2 in October, just ...

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