Stocks gain as investors take heart from upbeat earnings, dip in oil
Orientul Mijlociu
May 5 : Global stocks rose on Tuesday, taking some heart from a series of robust earnings, while simmering hostilities between the U.S. and Iran over the Strait of Hormuz kept the oil price well above $100 a barrel. Traders also had their eyes on the yen after the Japanese currency briefly jumped in the previous session, stoking speculation of another round of intervention from Tokyo. On Wall Street, the Dow Jones Industrial Average added about 0.2 per cent, the S&P 500 rose 0.6 per cent, and
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