U.S. stocks closed broadly higher on hopes of new stimulus measures for Europe's weak economy and a sharp rise in oil prices. It was the third straight gain for the Standard and Poor's 500, a first in the new year.
For the day:
The Dow Jones industrial average climbed 39.05 points, or 0.2 per cent, to 17,554.28.
The S&P 500 rose 9.57 points, or 0.5 per cent, to close at 2,032.12.
The Nasdaq gained 12.58 points, or 0.3 per cent, to 4,667.42.
For the week:
The Dow is up 42.71 points, or 0.2 per cent.
The S&P 500 is up 12.7 points, or 0.6 per cent.
The Nasdaq is up 33.04 points, or 0.7 per cent.
For the year:
The Dow is down 268.79 points, or 1.5 per cent.
The S&P 500 is down 26.78 points, or 1.3 per cent.
The Nasdaq is down 68.63 points, or 1.5 per cent.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.