Crude Oil Prices Rally as Wall Street Bounces Back with Gains
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tarabird/iStock/Thinkstock(NEW YORK) — Wall Street bounced back from consecutive days of losses to post solid gains on Thursday, while crude oil prices rebounded slightly one day after hitting a five-year low.
The Dow Jones Industrial Average climbed 225.48 to 17,416.85.
The Nasdaq finished the day at 4,683.41, up 45.42, while the S&P 500 rose 19.09 to 2,021.25.
During Thursday trading, the Wall Street Journal says, crude oil fell to $43.58 per barrel, the lowest point since March 2009. A rally saw the price of oil end the session at $44.53 per barrel.
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