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Crude oil, US dollar could drive stocks

Wall Street shows resilience after weak jobs data

In a pre-earnings season vacuum, oil prices and the dollar could drive stocks Tuesday.

Oil surged more than 6 percent Monday, and helped boost the stock market as the S&P energy sector jumped 1.8 percent. The U.S. dollar index started out the day lower, and was a catalyst for the stock market's gains, though it edged higher and ended the day barely changed.

"These are the two catalysts that are going to be with us, and we're not getting any real news on the economic front," said Art Hogan, chief market strategist at Wunderlich Securities. "What the dollar's representing us with now is more stability than anything." He said the euro-dollar is now in a range of $1.06 to $1.10.

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