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Wall Street ends higher as oil prices bounce back

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks closed higher on Monday, bouncing back from last week's slump with help from a reversal in oil prices, while investors waited for the Federal Reserve's expected interest hike later in the week.

Based on the latest available data, the Dow Jones industrial average <.DJI> rose 105.63 points, or 0.61 percent, to 17,370.84, the S&P 500 <.SPX> gained 9.76 points, or 0.48 percent, to 2,022.13 and the Nasdaq Composite <.IXIC> added 18.76 points, or 0.38 percent, to 4,952.23.

(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)

 

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First Published: Dec 15 2015 | 2:42 AM IST

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