U.S. Stocks Extend Rally as Crude Oil Soars to 2016 High

Juniper Networks slumps

by Sue Chang and Joseph Adinolfi
Market Watch

U.S. stocks climbed Tuesday to their best levels of the day, piggybacking on oil futures which rallied to settle at their highest levels of 2016.

The Dow Jones Industrial Average DJIA, +0.94% rose 183 points, or 1.1% to 17,739.91.

The S&P 500 index SPX, +0.97% was up 22 points, or 1.1%, to 2,064.57, after slipping into the red about an hour into the day’s trading action. Gains in the broad-market index were led by a 3.3% rise in energy stocks.

The tech-heavy Nasdaq Composite Index COMP, +0.80% climbed 43 points, or 0.9%, to 4,877.56.

Continue Reading at MarketWatch.com…