News Summary: Stocks edge higher, led by energy

AP News
Posted: Aug 28, 2013 5:40 PM

EYES ON SYRIA: Traders are cautious as tensions build with Syria. The price of oil rose to the highest in more than two years on worries that a broader conflict could disrupt the flow of oil from the Middle East. Oil rose $1.09 to $110.10 a barrel.

ENERGY BOOST: Energy companies rose the most of any industry sector in the Standard & Poor's 500 index. Chevron rose $3 to $121.81.

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FINAL SCORE: The Dow Jones industrial average rose 48 points, or 0.3 percent, to 14,824. The S&P 500 gained four points, or 0.3 percent, to 1,634.