Energy stocks were among the best S&P 500 gainers Tuesday as crude oil prices rallied to a five-week high. Shares of Ensco PLC , Transocean Ltd. , Helmerich & Payne Inc. and Diamond Offshore Drilling Inc. were all trading up more than 4% while the S&P 500 fell 0.3%. Energy is also the best performing sector, jumping 2.1%. November West Texas Intermediate crude gained 3.5% to $47.87 a barrel and November Brent crude surged 3.7% to $51.71 a barrel.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News