Dow Ends Day Up 112
S&P 500, Nasdaq also close higher
By Newser Editors and Wire Services
Posted Apr 6, 2016 3:18 PM CDT
Robert Hannan, right, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, April 6, 2016.    (Richard Drew)
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(Newser) – The stock market turned in a solid gain, led by a jump in health care and energy companies. Drugmakers posted especially big gains Wednesday, including a 6% rise in biotechnology company Celgene. Energy stocks rose as the price of oil shot 5% higher. Chevron increased 2%. The Dow Jones industrial average climbed 112 points, or 0.6%, to 17,716. The Standard & Poor's 500 index gained 21 points, or 1.1%, to 2,066. The Nasdaq composite added 76 points, or 1.6%, to 4,920. The market is coming off a two-day slump. The Dow and S&P 500 are slightly higher for the year but the Nasdaq is still down 2%.

 

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