Last updated: June 18, 2018

US stocks rise as surge in oil prices lifts energy companies

FILE - In this Oct. 2, 2014 file photo, people pass a Wall Street subway stop, in New York's Financial District. Stocks are rising in early trading, led by energy companies as the price of crude oil turns sharply higher. Murphy Oil jumped 5 percent early Friday, April 8, 2016 and offshore drilling company Transocean gained 4.5 percent. (AP Photo/Richard Drew, File)NEW YORK (AP) — U.S. stocks are mostly higher in Friday trading as the price of oil jumps for the second time in three days. Energy companies are getting a boost. Retailers are struggling after some weak sales reports, and drug companies are losing ground.

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