Friday, March 01, 2013 5:24 pm
News Summary: Stocks climb despite budget cuts
By The Associated Press
OIL DROP: Oil and gas companies fell as crude oil prices sank to a low for the year. Halliburton and Peabody Energy were among the biggest losers in the S&P 500.
FINAL SCORE: The Dow Jones industrial average rose 35.17 points, or 0.3 percent, to close at 14,089.66. The Standard & Poor's 500 index rose 3.52 points, or 0.2 percent, to 1,518.20.