Stocks end at records, driven by rally in energy shares

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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    U.S. stock-market indexes closed at records on Thursday, driven by a rally in energy and materials sectors, which followed rising oil prices higher. The rally comes a day after the S&P 500 and Nasdaq suffered the first down day of the year on anxieties about appetite for Treasurys from the world's second-largest economy, China. The S&P 500 gained 19.33 points, or 0.7%, to 2,767.56. The tech-heavy Nasdaq Composite index advanced by 58.21 points, or 0.8%, to 7,211.78. The Dow Jones Industrial Average rose 205.60 points, or 0.8%, to 25,574.73. Among the best performers on Wall Street, shares of Xerox rose 5.2%, after The Wall Street Journal reported that the company is in talks to potentially do a major deal with Japan's Fujifilm Holdings Corp.

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