Tuesday, April 3, 2007

Wall St rises on lower oil price; data eyed

(Reuters) - U.S. stocks rose on Tuesday, underpinned by a drop in crude oil prices amid signs Britain and Iran were moving closer to a diplomatic resolution to free British naval personnel detained by Iran.

Shares of diversified manufacturer United Technologies Corp. led advances on the Dow, with a 1.1 percent rise, followed by plane maker Boeing Co., which was up 0.6 percent. Investment bank Credit Suisse recommended United Technologies shares.


Read more at Reuters Africa

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