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Wall Street ends higher as oil prices bounce back

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Reuters NEW YORK
Last Updated : Dec 15 2015 | 2:48 AM IST

NEW YORK (Reuters) - U.S. stocks closed higher on Monday, bouncing back from last week's slump with help from a reversal in oil prices, while investors waited for the Federal Reserve's expected interest hike later in the week.

Based on the latest available data, the Dow Jones industrial average rose 105.63 points, or 0.61 percent, to 17,370.84, the S&P 500 gained 9.76 points, or 0.48 percent, to 2,022.13 and the Nasdaq Composite added 18.76 points, or 0.38 percent, to 4,952.23.

(Reporting by Caroline Valetkevitch; Editing by Nick Zieminski)

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First Published: Dec 15 2015 | 2:42 AM IST

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