Markets surge as crude oil climbs

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.

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