U.S. stocks end higher as oil rebounds

U.S. stocks finished higher Thursday, as a sharp rally in oil prices helped the main indexes rebound from Wednesday’s rout, which had pushed them below their August lows. The S&P 500 [: SPX] rose 9.5 points, or 0.5%, to 1,868, with seven of its 10 sectors closing in positive territory. Energy, telecommunications and consumer-discretionary stocks led the gains. The Dow Jones Industrial Average closed up 113 points, or 0.7%, at 15,881. The Nasdaq Composite closed up 0.4 point, or less than 0.1%, at 4,472 after briefly dipping into negative territory.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply