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Oil and gas lead rally as stocks rebound

17 Nov 2015

U.S. stocks mounted a broad rally Monday, snapping a three-day losing streak as investors moved past concerns that the terrorist attacks in Paris could spell big trouble for the global economy.

Oil and gas stocks were among the biggest gainers as the price of crude rose.

Natural gas and coal producer Consol Energy added 56 cents, or 7.6 percent, to $7.96. Cabot Oil & Gas gained $1.82, or 8.8 percent, to $22.56, while Range Resources rose $2.90, or 9.1 percent, to $34.62.

The energy sector has been the biggest laggard among industries this year, down 14.9%, as the slide in oil prices has deepened.