Los Angeles Times | Stocks rise as oil makes another swift reversal Los Angeles Times U.S. stocks closed sharply higher Tuesday as the price of crude oil made another sudden turn, this time to the upside. The price of oil surged almost 4%, reversing a slump from the day before. Chevron and Exxon Mobil shares each jumped 4%. Consumer ... China plunge? Pshaw! Dow gains 282 Stocks Open Higher, Led by Energy Sector as Oil Price Rises US stocks bounce back, lifted by rally in oil prices and corporate earnings |