Stock indexes are closing higher, led by big gains in energy companies as the price of oil rose. The Dow Jones industrial average rose 89 points, or 0.5%, to 17,918 Tuesday. The Standard & Poor's 500 index gained five points, or 0.3%, to 2,109. The Nasdaq composite climbed 18 points, or 0.4%, to 5,145.
Chevron rose 3% and Exxon Mobil gained 2% Tuesday. The price of crude oil jumped almost 4%. Candy Crush maker King Digital soared 15% after the company agreed to be acquired by Activision Blizzard. Some companies fell after reporting disappointing earnings. American International Group lost 4% and Archer Daniels Midland slumped 7%. Bond prices fell. The yield on the 10-year Treasury note rose to 2.22%.