US Stocks Close Higher as Crude Oil Rallies

Posted on: October 19th, 2016 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — U.S. stocks closed higher Wednesday for a second day, as oil prices rallied.

The Dow added 40.68 (+0.22 percent) to finish at 18,202.62.

The Nasdaq gained 2.57 (+0.05 percent) to close at 5,246.41, while the S&P 500 finished at 2,144.29, up 4.69 (+0.22 percent) from its open.

Crude oil rose about 1 percent with prices hitting under $52 a barrel.

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