U.S. stocks ended sharply higher on Wednesday, as the Dow surged more than 1,000 points. The Dow Jones Industrial Average rose 1,086.25 points, or 4.98%, to 22,878.45. The S&P 500 advanced 116.60 points, or 4.96%, to 2,467.70. The The Nasdaq Composite gained 361.44 points, or 5.84%, to 6,554.35.
Crude-oil futures snapped back by some 8% on Wednesday, after closing the pre-Christmas session at their lowest since July 2017. February West Texas Intermediate gained $4.69, or 8.6%, to $46.22 a barrel. February Brent rose $4, or 7.9%, at $54.47 a barrel.
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