Wall St. rallies to highest close of 2016
Reuters
Published Mar 11, 2016 04:18PM ET
Wall St. rallies to highest close of 2016
NEW YORK (Reuters) - Wall Street rallied on Friday in a delayed response to the European Central Bank's stimulus measures announced Thursday, while higher oil prices drove up energy shares.
The S&P 500 closed at its highest level of the year and above its 200-day moving average for the first time since Dec. 30.
The Dow Jones industrial average (DJI) rose 218.18 points, or 1.28 percent, to 17,213.31, the S&P 500 (SPX) gained 32.62 points, or 1.64 percent, to 2,022.19 and the Nasdaq Composite (IXIC) added 86.31 points, or 1.85 percent, to 4,748.47.
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Written By: Reuters
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