The stock market is closing broadly higher, led by gains in oil and gas companies as the price of crude turned higher.
The gains Thursday came a day after the market had its worst drop since September.
Chevron and Exxon Mobil each jumped 5 percent, by far the biggest gains in the Dow Jones industrial average. It was a reprieve for the energy sector, which has been battered in recent months as crude oil prices plunged.
JPMorgan Chase rose 2 percent after the bank reported earnings that beat forecasts.
The Dow Jones industrial average rose 227 points, or 1.4 percent, to 16,379.
The Standard & Poor’s 500 index gained 31 points, or 1.7 percent, to 1,921. The Nasdaq composite added 88 points, or 2 percent, to 4,615.