Crude oil prices climbed to send the markets soaring to a sharply higher close with the Dow leaping 237 points to 17,483. Nasdaq jumped 56 points to 4,984.
On the upside
Shares of Baytex Energy (NYSE: BTE) continued to climb.
Bargain hunters snapped up shares of Sierra Wireless (Nasdaq: SWIR).
AT&T (NYSE: T) named Bill Leahy to the position of president of AT&T Georgia and president of AT&T Southeast.
On the downside
Shares of Hiilton Worldwide (NYSE: HLT) fell on news of Marriott's (Nasdaq: MAR) $12.2 billion acquisition of Starwood (NYSE: HOT).
Nobilis Health (NYSE: SUNE) stock extended its losses.
Investors locked in profits on Sypris Solutions (Nasdaq: SYPR).
In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 2 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 soared 30 points to 2,053. Bitcoin climbed $10 to $328.