Markets soar as crude oil climbs

The markets soared higher at the open with the Dow surging 104 points to 17,586 as crude oil prices continued to climb. Nasdaq rose 8 points to 4,783.

On the upside

Shares of Cliffs Natural Resources (NYSE: CLF) climbed for the third day in a row.

Rising crude oil prices lifted shares of Chesapeake Energy (NYSE: CHK) and Laredo Petroleum (NYSE: LPI).

Eclipse Resources (Nasdaq: ECR) will present at the Scotia Howard Weil Energy Conference on Wednesday March 23, 2016 and at the IPAA OGIS Conference on Tuesday April 12, 2016.

On the downside

Heat Biologics (Nasdaq: HTBX) priced its public offering of 9.1 million common shares at the discounted price of $0.75 per share.

Synergy Pharmaceuticals (Nasdaq: SGYP) entered exchange agreements with certain notes holders.

investors locked in profits on Columbia Pipeline Partners (NYSE: CPPL).

In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The broader S&P 500 gained 8 points to 2,049. Bitcoin lost $5 to $412.

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