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Stocks spike; Oracle leads technology stocks higher
Stocks spike; Oracle leads technology stocks higher

U.S. stocks rose sharply Thursday, led gains in by technology stocks after Oracle surged following a strong earnings report. Energy stocks lagged the market as the price of crude oil resumed its slide. KEEPING SCORE: The Standard & Poor's 500 index rose 31 points, or 1.6 percent, to 2,044 as of 12:13 p.m. Eastern. The Dow Jones industrial average rose 257 points, or 1.5 percent, to 17,614. The Nasdaq composite rose 72 points, or 1.6 percent, to 4,718. EARNINGS BEAT: Oracle posted better-than-expected results late Wednesday in its first quarterly report since co-founder Larry Ellison gave up the helm of the business software maker. The company reported that its software and cloud...

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