Stocks rise as oil pares gain after Biden address
U.S. stocks erased losses to trade higher Thursday, with investors finding refuge in large-cap American technology shares, as a decline in oil prices eased concern Russia’s invasion of Ukraine would result in an immediate worsening of the inflation picture.
The S&P 500 added 1.5%, the Nasdaq 100 gained 3.4% and the Dow Jones Industrial Aver...