U.S. stocks staged a late-day rally to end higher on Wednesday as an 8-percent jump in oil drove up beaten-down energy shares and financials rebounded.
The Dow Jones industrial average .DJI rose 182.98 points, or 1.13 percent, to 16,336.52, the S&P 500 .SPX gained 9.53 points, or 0.5 percent, to 1,912.56 and the Nasdaq Composite .IXIC dropped 12.71 points, or 0.28 percent, to 4,504.24.
Source: www.reuters.com
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