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Near-Record Closes on Wall Street as Crude Oil Prices Surge

Business

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iStock/Thinkstock(NEW YORK) — Wall Street ended the week on a positive note with big-time gains on Friday with a surge in crude oil prices.

The Dow Jones Industrial Average climbed 168.69 to a close of 18127.72.

The Nasdaq topped 5000 for the first time in 15 years, closing the session at 5026.42, up 34.04 on the day. The S&P 500 also neared a record close, ended the day at 2108.06, following gains of 18.79.

The price of crude oil jumped by four percent Friday, settling at just under $46 per barrel.


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