Wall Street up on energy shares after Japan quake

Saturday, March 12th 2011

Wall Street up on energy shares after Japan quake

Stocks rose on Friday, led by gains in energy shares after Japan’s biggest earthquake on record hurt the country’s oil refining capacity, but trade was choppy as investors tried to weigh the quake’s economic impact. The 8.9 magnitude quake that struck the northeast coast of Japan, the world’s third largest economy, triggered a tsunami and killed at least 1,000 people, while power plants, oil refiners and ports were shut down. U.S.... Read more..

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