Markets Close With Slight Gains
Dow, S&P 500, Nasdaq all end the day modestly up
By Newser Editors and Wire Services
Posted Apr 8, 2016 3:16 PM CDT
Trader Glenn Kessler, center, works on the floor of the New York Stock Exchange, Wednesday, April 6, 2016.   (AP Photo/Richard Drew)

(Newser) – Stocks closed slightly higher on Wall Street, led by energy companies as the price of crude oil turned sharply higher. Murphy Oil jumped 5% Friday, and offshore drilling company Transocean gained 3%. The price of benchmark US crude rose more than 6% in New York. The Dow Jones industrial average rose 35 points, or 0.2%, to 17,576. The Standard & Poor's 500 index climbed four points, or 0.2%, to 2,046. The Nasdaq composite added two points, or 0.1%, to 4,850. The market is coming off its biggest loss in six weeks.