The Dow Jones Industrial Average enjoyed its best gains of May as crude oil enjoyed an unexpected surge above $44 a barrel. Crude had seen erratic swings in recent days as a global supply glut continued unabated. Allergan (AGN) rose after announcing a new $10 billion stock repurchase program. The drugmaker intends to repurchase as much as $5 billion in stock in the next six months. Shares also got a boost after first-quarter earnings beat estimates. Lumber Liquidators (LL) was under pressure as it continued to face the fallout from a product safety scandal last year. Dean Foods (DF) swung to a first-quarter profit as lower raw milk prices boosted margins. TheStreet's Keris Lahif reports from Wall Street.
More from Video
Conagra Brands Looks Tastier After Its Upgrade to Buy
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Biogen Bulls Get a Lift From Quant Upgrade and Strengthening Charts
Breaking down an approach to the long side of this biotech stock.
Is Renewable Energy the Defensive Stock Opportunity You're Missing
AMSC CEO discusses that and China challenges.
Takeda Pharmaceutical CEO Talks Big Pharma Trends
One of pharma's biggest CEO's talks M&A action on the exchange.
Real Money Video Wrap: Citi Surges as View of Stability Saves Sentiment
Citi overcame a mixed print to send its stock surging on Monday.
Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation.
If you have questions, please contact us here.