Reuters | Oil, bank stocks send S&P, Dow to record highs Reuters Oil prices surged 8 percent after Kuwait's oil minister said the OPEC had agreed to cut production to 32.5 million barrels per day. [O/R]. The S&P 500 energy sector soared as much as 5.3 percent to a 17-month high, boosted by gains in Exxon and Chevron. S&P, Dow hit record highs as oil, bank stocks gain |