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  • 8 years ago
Technology, Energy Help Stocks Sustain Strong Start to 2018
Heating oil and natural gas prices have also climbed as severe cold gripped much of the U. S.
Heating oil rose 3 cents to $2.09 a gallon, and it’s up 12 cents since Dec. 22.
Energy company Scana, which plunged after it canceled a $9 billion nuclear project
and started raising rates to cover its costs, jumped after Dominion Energy agreed to buy it for $7.9 billion in stock.
Other chipmakers traded higher, but analysts weren’t sure the problem could threaten Intel’s sales
Dominion Energy agreed to buy Scana in a deal that expands the Richmond, Virginia-based company’s business in the Carolinas.
Intel slumped after British technology site The Register reported a security problem
that affects Intel’s processors, and said fixing the problem could slow down computers that use them.
Rising crude and heating oil prices also sent energy companies higher.

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