U.S. stocks closed sharply higher on Thursday, pulling its benchmark indexes back into positive territory for the week. The Dow Jones Industrial Average rose 254.69 points, or 1.07%, to 24,103.11. The S&P 500 rose 35.87 points, or 1.38%, to 2,640.87. The Nasdaq Composite rose 114.22 points, or 1.64%, to 7,063.44. For the week, the Dow rose 2.7%, the S&P added 2.1% and the Nasdaq was up 1%.
Oil prices ended higher Thursday, notching its third straight quarterly rise in a row. May West Texas Intermediate crude added 56 cents, or 0.9%, to settle at $64.94 a barrel. May Brent crude rose 74 cents, or 1.1%, to end at $70.27 a barrel. For quarter, May West was up roughly 7.7%.Brent rose 5.1% for the quarter.
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