Dow, S&P 500, Nasdaq all rise
By: The Associated Press, The Jamestown Sun
The Dow rose 221.11, or 2.6 percent, to 8,721.44. The Standard & Poor’s 500 index rose 23.73, or 2.6 percent, to 942.87. The Nasdaq composite index rose 54.35, or 3.1 percent, to 1,828.68.
Benchmark crude for July delivery rose $2.27 to settle at $68.58 a barrel on the New York Mercantile Exchange, the highest close since early November.
In other Nymex trading, gasoline for June delivery rose 2 cents to $1.915 a gallon and heating oil rose 9.89 cents to settle at $1.7765 a gallon. Natural gas for June delivery jumped 41.4 cents to settle at $4.249 per 1,000 cubic feet.
In London, Brent prices rose $2.45 to settle at $67.97 a barrel on the ICE Futures exchange.