US sharemarkets rallied on Wednesday, its second straight day of gains. The rise in oil prices lifted energy stocks.
The S&P energy sector rose 1.3%. Halliburton rose 4% after reporting better-than-expected third quarter results. Morgan Stanley lifted 2% after reporting stronger profits. The S&P financial sector lifted 0.8%. The biggest drag on the market was from Intel, down 6% after disappointing results.
