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Are Higher Oil Prices Good for US Equity Indexes?

Robert Scott
Are Higher Oil Prices Good for US Equity Indexes?

On April 6–13, 2018, US equity indexes had the following performances: The S&P 500 Index (SPY) rose 2%. The Dow Jones Industrial Average Index (DIA) rose 1.8%. The S&P Mid-Cap 400 Index (IVOO) rose 1.6%.