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
Dow Ends Day Up 112
Robert Hannan, right, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, April 6, 2016.    (Richard Drew)

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%. (Read more Dow Jones stories.)

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