Dow Ends Day Up 222

S&P 500, Nasdaq also close higher
By Newser Editors and Wire Services
Posted Feb 16, 2016 3:21 PM CST
Dow Ends Day Up 222
Specialist Glenn Carell, foreground, works with traders at his post on the floor of the New York Stock Exchange, Friday, Feb. 12, 2016.   (AP Photo/Richard Drew)

Stocks are closing broadly higher as the market notches its second sizable gain in a row. The gains Tuesday were led by retail and industrial companies. Several stocks were moving on encouraging news about company earnings and deals. Home security company ADT soared 48% after agreeing to be acquired. Restaurant Brands, the parent of Burger King and Tim Hortons, jumped 6% after a key sales measure rose at both chains in the fourth quarter. The Dow Jones industrial average rose 222 points, or 1.4%, to 16,196. The Standard & Poor's 500 index gained 30 points, or 1.7%, to 1,895. The Nasdaq composite climbed 98 points, or 2.3%, to 4,435. (Read more Dow Jones stories.)

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