Wednesday, November 27, 2013 5:06 pm
News Summary: Dow gains for fifth straight day
The Associated Press
TECH BELLWETHER: Technology stocks got a boost from Hewlett-Packard. The PC maker surged after it posted a $1.4 billion profit for its latest quarter, reversing a year-ago loss thanks to cost cuts from the ongoing restructuring of its business. The company also maintained its previous outlook for the fiscal year.
FALLING OIL: Chevron and Exxon Mobil fell after oil closed below $93 a barrel for the first time in nearly six months. The U.S. government reported the 10th straight weekly increase in crude oil supplies.