Major U.S. stocks indexes rose about 1-2% on Friday as a cold wave in the United States and Europe helped oil prices surge for a second day. European Central Bank President Mario Draghi's comments on Thursday suggesting that the bank could ease its monetary policy in its meeting in March also encouraged investors bruised by a brutal selloff that began at the start of 2016. Crude prices, still under pressure from a global glut, were up more than 6 percent as the cold wave boosted short-term demand and traders cashed in their short positions.
Almost all of Dow stocks in positive area (25 of 30). Top looser American Express Company (AXP, -11,14%). Top gainer - Apple Inc. (AAPL, +3,30%).
All of S&P sectors in positive area. Top gainer - Basic Materials (+3,3%).
At the moment:
Dow 15939.00 +152.00 +0.96%
S&P 500 1891.25 +30.25 +1.63%
Nasdaq 100 4227.25 +97.00 +2.35%
Oil 31.53 +2.00 +6.77%
Gold 1100.00 +1.80 +0.16%
U.S. 10yr 2.07 +0.05