Stocks closed broadly higher Thursday, led by gains in retailers and media and energy companies.
U.S. crude oil rose 2.2% after two oil tankers near the strategic Strait of Hormuz were damaged in suspected attacks. Gains in energy and internet companies powered the rally, which ended the market’s two-day losing streak.
The S&P 500 index rose 11.80 points, or 0.4%, to 2,891.64. T
The Dow Jones Industrial Average gained 101.94 points, or 0.4%, to 26,106.77.
The Nasdaq composite added 44.41 points, or 0.6%, to 7,837.13.
The Russell 2000 index of small company stocks climbed 16.01 points, or 1.1%, to 1,535.80.
For the week:
The S&P 500 is up 18.30 points, or 0.6%.
The Dow is up 122.83 points, or 0.5%.
The Nasdaq is up 95.03 points, or 1.2%.
The Russell 2000 is up 21.41 points, or 1.4%.
For the year:
The S&P 500 is up 384.79 points, or 15.4%.
The Dow is up 2,779.31 points, or 11.9%.
The Nasdaq is up 1,201.85 points, or 18.1%.
The Russell 2000 is up 187.24 points, or 13.9%.