Dow Ends Day Up 183
S&P 500 also up, but Nasdaq is down
By Newser Editors and Wire Services
Posted Feb 3, 2016 3:23 PM CST
Trader John Bishop works on the floor of the New York Stock Exchange, Wednesday, Feb. 3, 2016.   (AP Photo/Richard Drew)

(Newser) – Stocks closed mostly higher after a surge in the price of crude oil gave a respite to the beaten-down energy sector. US crude jumped 8% Wednesday, continuing a wild ride that sent prices plunging over the previous two days. Many of the top gainers in the market were energy companies. Murphy Oil surged 10% and Hess jumped 9%. The Dow Jones industrial average rose 183 points, or 1.1%, to 16,336. The Standard & Poor's 500 index gained nine points, or 0.5%, to 1,912. The Nasdaq composite dropped 12 points, or 0.3%, to 4,504.