Dow Ends Day Up 228

S&P 500, Nasdaq also close higher
By Newser Editors and Wire Services
Posted Feb 22, 2016 3:13 PM CST
Dow Ends Day Up 228
Traders Peter Tuchman, left, and Kenneth Polcari work on the floor of the New York Stock Exchange, Monday, Feb. 22, 2016.   (Richard Drew)

Energy stocks led a rally on Wall Street as the price of crude oil surged. Marathon Oil jumped 11% Monday, and Diamond Offshore Drilling gained 5%. The Dow Jones industrial average jumped 228 points, or 1.4%, to 16,620. The Standard & Poor's 500 index rose 27 points, or 1.4%, to 1,945. The Nasdaq composite rose 66 points, or 1.5%, to 4,570. The price of US crude oil soared 6% to $31 a barrel in New York. (More Dow Jones stories.)

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