US stocks extend gains on rising oil

February 26, 2016 5:50 AM

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US stocks extend gains on rising oil

US stocks kept rising as Wall Street digested a batch of generally positive economic reports amid oil recovery.The Dow Jones Industrial Average leapt 212.30 points, or 1.29 percent, to 16,697.29 on Thursday, Xinhua news agency reported.

The S&P 500 gained 21.90 points, or 1.13 percent, to 1,951.70. The Nasdaq Composite Index added 39.60 points, or 0.87 percent, to 4,582.21.

Also read: Fed Beige Book Shows ‘Mostly Positive’ Outlook for U.S. Economy

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