X

Dow Ends Day Up 165

S&P 500, Nasdaq also up
By Newser Editors and Wire Services
Posted Dec 22, 2015 3:13 PM CST

(Newser) – Energy companies are leading a broad rally on the stock market as the price of crude oil moves higher. Diamond Offshore Drilling was among the biggest gainers with an increase of 5.6% Tuesday. The Dow Jones industrial average climbed 165 points, or 1%, to close at 17,417. The Standard & Poor's 500 index rose 17 points, or 0.9%, to 2,038. The Nasdaq composite increased 32 points, or 0.7%, to 5,001. The price of oil rose, a relief to investors who have been rattled by a plunge in crude to its lowest level since February 2009. Oil increased 1% to $36 a barrel in New York. Bond prices fell. The yield on the 10-year Treasury note rose to 2.23%. (Read more Dow Jones stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X