Wednesday Outlook: US stocks rally; oil prices drop

Wednesday Outlook: US stocks rally; oil prices drop

Wednesday Outlook: US stocks rally; oil prices drop Investors optimistic about prospects for a pre-election U.S. stimulus package    Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., April 2, 2019. Image for illustrative purposes.Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.U.S. stocks rise, dollar falls, as stimulus hopes reviveThe Dow Jones Industrial Average was up 249.70 points, or 0.89%, at 28,445.12Oil falls after U.S. inventory build feeds oversupply fearsBrent crude futures for December delivery were at $42.94 a barrel, down 22 centsGold prices gain on weaker dollar, U.S. stimulus hopesU.S. gold futures were steady at $1,916.40Stimulus hopes press dollar to one-week lowThe dollar index down