Upbeat Earnings Propel Oil ETFs
July 13, 2010 at 11:30 AM EDT
Positive earnings from Alcoa (NYSE: AA) and CSX (NYSE: CSX) have given investors a reason to believe in the economic recovery and oil exchange traded funds (ETFs) a reason to surge in early trading. Both Alcoa and CSX notched better-than-expected second-quarter profits, sending the Dow up more than...