Verizon Advances 3%; Chevron, Exxon Rise

NOVEMBER 24, 2009

BY DONNA KARDOS YESALAVICH

NEW YORK—Stocks climbed, pushing the Dow Jones Industrial Average to a new 2009 closing high, as energy companies Chevron and Exxon Mobil and telecommunications giants Verizon Communications and AT&T led a broad rally.

The Dow rose 132.79 points, or 1.29%, to 10450.95, snapping a three-day losing streak and reaching its highest close since Oct. 2, 2008. Of its 30 components, 28 closed higher. The measure's telecom components had the biggest percentage gains, with Verizon rising 90 cents, or 3%, to $31.33, and AT&T climbing 76 cents, or 2.9%, to 26.78. Chevron climbed 1.97, or 2.6%, to 78.74, while Exxon rose ...

Source: http://online.wsj.com/article/SB10001424052748703819904574554200211909632.html?

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