Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York on March 11, 2016. REUTERS / Lucas Jackson
NEW YORK (Reuters) – Wall Street rallied on Friday in a delayed response to the European Central Bank’s stimulus measures announced Thursday, while higher oil prices drove up energy shares.
The S&P 500 closed at its highest level of the year and above its 200-day moving average for the first time since Dec. 30.
The Dow Jones industrial average rose 218.18 points, or 1.28 percent, to 17,213.31, the S&P 500 gained 32.62 points, or 1.64 percent, to 2,022.19 and the Nasdaq Composite added 86.31 points, or 1.85 percent, to 4,748.47.
(Reporting by Laila Kearney; Editing by Nick Zieminski)
