U.S. stocks closed broadly higher on hopes of new stimulus measures for Europe’s weak economy and a sharp rise in oil prices. It was the third straight gain for the Standard and Poor’s 500, a first in the new year.
For the day:
The Dow Jones industrial average climbed 39.05 points, or 0.2 per cent, to 17,554.28.
The S&P 500 rose 9.57 points, or 0.5 per cent, to close at 2,032.12.
The Nasdaq gained 12.58 points, or 0.3 per cent, to 4,667.42.
For the week:
The Dow is up 42.71 points, or 0.2 per cent.
The S&P 500 is up 12.7 points, or 0.6 per cent.
The Nasdaq is up 33.04 points, or 0.7 per cent.
For the year:
The Dow is down 268.79 points, or 1.5 per cent.
The S&P 500 is down 26.78 points, or 1.3 per cent.
The Nasdaq is down 68.63 points, or 1.5 per cent.