Higher Close As Oil Retreats

The markets extended its gains to close higher with the Dow gaining 59 points to 12,044 as oil prices retreated. Nasdaq climbed 14 points to 2715.

On the upside

The U. S. Patent and Trademark Office upheld two of Star Scientific's (Nasdaq: CIGX) patents.

Shares of energy firms Tesoro (NYSE: TSO), Western Refining (NYSE: WNR) and Frontier Oil (NYSE: FTO) all rose after a massive earthquake in Japan forced three nuclear power plants to close.

Morgan Stanley upgraded Goodyear Tire & Rubber (NYSE: GT) and lifted its price target to $20.

On the downside

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