Posts From King World News

Oil equities, Target lift US stocks

US stocks jumped early Wednesday as oil sector equities rose with crude prices and after retailer Target boosted its dividend. ConocoPhillips rose 1.0 percent and Dow member Chevron tacked on 1.5 percent as oil prices surged for a second day. Big-box retailer Target advanced 0.8 percent as it lifted its quarterly dividend by 7.7 percent and doubled authorized share repurchases.