U.S. stocks close higher on tame inflation, oil price decline

4:30 pm ET Nov 16, 2006

DJIA

12,305

+54.11

S&P

1,399

+3.19

NASDAQ

2,449

+6.31

10Yr

4.66%

+0.040

U.S. stocks close higher on tame inflation, oil price decline

NEW YORK
U.S. stocks closed higher Thursday, with the Dow Jones Industrial
Average finishing at another record high level, as tame consumer-price
inflation and a big drop in crude oil prices helped offset bad news from
technology bellwethers Applied Materials Inc. and Dell Inc.