Reuters - Stocks climbed more than 1 percent on Thursday as oil prices dropped sharply for the third day, while banks rallied after stronger-than-expected results from JPMorgan Chase & Co.

AP - Wall Street is surging for the second straight day as tumbling energy prices bolster an already upbeat mood in the market. The Dow Jones industrial average is up 170 points at the 11,409 level, and has been up more than 200 in afternoon trading.

Reuters - Stocks rallied more than 2 percent on Wednesday, powered by the best day for banks in 16 years as unexpectedly strong results from Wells Fargo & Co relieved worry about a credit crisis spiraling out of control.

AP - Worried about rising inflation, Federal Reserve officials at their meeting in June thought the Fed's next move on interest rates was likely to be up.

Reuters - Federal Reserve Chairman Ben Bernanke told a House of Representatives panel on Wednesday the U.S. economy is going through a "rough time" and urged lawmakers to approve Treasury Department proposals to back up mortgage markets.

AFP - Federal Reserve chairman Ben Bernanke said Wednesday ailing Fannie Mae and Freddie Mac are "in no danger of failing," helping fuel a big boost in the troubled finance sector as fears of a deeper crisis eased.

AP - The price of a quart of milk, a plane ticket and a host of other products rose in June at nearly the fastest pace in a generation, taking an even bigger-than-expected bite out of the buying power of Americans.