CNBC | Stocks cling to gains as oil hits fresh 12-year low CNBC "For worldwide market sentiment, if China can stabilize it definitely can help markets stabilize worldwide. but that has to be sustained and oil is still driving the market," said Peter Coleman, head trader at Convergex. Oil prices remained near their ... Global Stocks Rise Amid Signs of China Stabilization Wall Street firmer as oil prices rebound Wall St wobbles as crude oil prices plunge again |