Wall Street gains on crude price surge, economic data
On Wednesday, Wall Street stocks rose as rising oil prices lifted energy sectors as a slew of US data suggested inflation has peaked and an economic recovery is becoming more apparent. Throughout the session, all three major U.S. stock indexes gained ground as investor focus shifted back to value equities, which stand to benefit the most from an economic recovery. “The main factor in that move between growth and value is COVID and the Delta variant and its impact…
