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Published on Oct 5, 2016
A
crude oil rally helped Wall Street rally to erase all losses endured in
a selloff a day earlier. Crude closed at a three-month high in spitting
distance of the psychologically important $50-a-barrel level. The
energy sector was the best performer on markets. Major oilers including
Exxon Mobil , Chevron , Royal Dutch Shell and PetroChina each posted
solid gains. Netflix jumped after signing a deal to screen its original
movies at iPic Entertainment locations at the same time they launch on
the streaming platform. Shares climbed earlier in the week on reports
Disney
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