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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/stocks-rise-as-oil-prices-stabilise.jpg"><img class="alignnone size-full" title="The Dow Jones industrials gained 95.89 points to close at 12,226.34" src="http://londonglossy.com/wp-content/uploads/2011/02/min-stocks-rise-as-oil-prices-stabilise.jpg" alt="The Dow Jones industrials gained 95.89 points to close at 12,226.34"/></a></p>
<p>Stabilising oil prices and signs that the economy may be improving have pushed stock indexes higher. </p>
<p>The Standard and Poor&#8217;s 500 index, the benchmark for most US mutual funds, finished its third straight month of gains.</p>
<p>The Dow Jones industrial average gained 95.89 points, or 0.8%, to close at 12,226.34. The Standard and Poor&#8217;s 500 rose 7.34, or 0.6%, to 1,327.22. The Nasdaq composite rose 1.22 points, or less than 0.1%, to 2,782.27.</p>
<p>Oil prices fell to about 97 dollars a barrel as worries over the global oil market eased after reports that some Libyan ports reopened to oil tankers and Saudi Arabia was boosting exports. Prices surged above 100 dollars a barrel last week as clashes between rebels and government-backed forces intensified in Libya.</p>
<p>The Commerce Department said consumer incomes rose by the largest amount in nearly two years in January, thanks to a tax cut that began last month. The head of the Federal Reserve Bank of New York, meanwhile, said that the country&#8217;s economic outlook has &#8220;improved considerably&#8221;.</p>
<p>All three major stock indexes posted their third straight month of gains. The last time that happened was in the three-month period that ended last April. The S&#038;P 500 gained 3.2% in February, the Dow 2.8% and the Nasdaq 3%. Those figures do not include dividends.</p>
<p>A new round of corporate deals also helped push some stocks higher. Ventas, which owns senior housing communities, said it would buy Nationwide Health Properties in a 5.8 billion dollar deal that will create the nation&#8217;s largest health care real-estate investment trust. Nationwide Health rose 10%, while Ventas fell 3%.</p>
<p>Australia&#8217;s Equinox Minerals Limited, a mining company, said it would make a hostile bid to acquire Canada&#8217;s Lundin Mining for 4.9 billion dollars in cash and stock. Lundin rose 19% while Equinox fell 9%. Both trade on the Toronto Stock Exchange.</p>
<p>The deals came just two days after Warren Buffett said in his annual letter to investors that he is &#8220;itchy&#8221; to make more big acquisitions for his company, Berkshire Hathaway. Berkshire had 38 billion dollars in cash at the end of last year. Its shares rose 2.8%.</p>
<p>Bond prices were little changed. The yield on the 10-year Treasury note was unchanged from late Friday at 3.42%.</p>
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