Crude oil rebounds to lift markets higher

The markets closed modestly higher with the Dow climbing 36 points to 17,000 as crude oil prices rebounded. Nasdaq gained 25 points to 4,674.


On the upside


Bargain hunters snapped up shares of Performance Sports Group (NYSE: PSG).


Radius Health (NYSE: RDUS) presented at the Cowen and Company 36th Annual Health Care Conference yesterday.


Rebounding crude oil prices lifted shares of Whiting Petroleum (NYSE: WLL).


On the downside


Shares of Sucampo Pharmaceuticals (Nasdaq: SCMP) extended its losses.


Investors continued to lock in profits on Diana Shipping (NYSE: DSX).


Azure Midstream Partners (NYSR: AZUR) delayed its fourth quarter earnings report.


In the broad market, advancing issues outpaced decliners by a margin of more than 2 to 1 on the NYSE and by nearly 7 to 5 on Nasdaq. The broader S&P 500 gained 10 points to 1,989. Bitcoin eased to $411.

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