Wall Street jumps as oil prices surge

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Reuters NEW YORK
Last Updated : Jan 23 2016 | 2:48 AM IST

NEW YORK (Reuters) - Wall Street surged about 2 percent on Friday to wrap up its first positive week of 2016 as a cold snap in the United States and Europe sent oil prices sharply higher.

The Dow Jones industrial average was up 210.69 points, or 1.33 percent, to 16,093.37, the S&P 500 had gained 37.9 points, or 2.03 percent, to 1,906.89 and the Nasdaq Composite had added 119.12 points, or 2.66 percent, to 4,591.18.

(Reporting by Noel Randewich; Editing by Nick Zieminski)

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First Published: Jan 23 2016 | 2:36 AM IST

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