Dow Ends Day Up 222

S&P 500, Nasdaq also close higher
By Newser Editors and Wire Services
Posted Feb 16, 2016 3:21 PM CST
Specialist Glenn Carell, foreground, works with traders at his post on the floor of the New York Stock Exchange, Friday, Feb. 12, 2016.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing broadly higher as the market notches its second sizable gain in a row. The gains Tuesday were led by retail and industrial companies. Several stocks were moving on encouraging news about company earnings and deals. Home security company ADT soared 48% after agreeing to be acquired. Restaurant Brands, the parent of Burger King and Tim Hortons, jumped 6% after a key sales measure rose at both chains in the fourth quarter. The Dow Jones industrial average rose 222 points, or 1.4%, to 16,196. The Standard & Poor's 500 index gained 30 points, or 1.7%, to 1,895. The Nasdaq composite climbed 98 points, or 2.3%, to 4,435. (Read more Dow Jones stories.)

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