Stocks Rebound as US Confidence Improves The rising price of oil also helped By Newser Editors and Wire Services Posted Dec 29, 2015 3:24 PM CST 24 comments Comments US stocks closed broadly higher on Tuesday. (Seth Wenig) (Newser) – US stocks closed broadly higher on Tuesday as traders were encouraged by a pickup in consumer confidence and rising prices for energy. Chesapeake Energy jumped 13% Tuesday and Consol Energy rose 5%. Among retailers, Kohl's climbed 3%. The gains put the Standard & Poor's 500 index back into the black for the year. The Dow Jones industrial average rose 192 points—or 1.1%—to 17,720. The S&P 500 index rose 21 points—also 1.1%—to 2,078. The Nasdaq composite climbed 66 points—or 1.3%—to 5,107. The price of crude oil increased 3% to almost $38 a barrel in New York.