Written by Associated Press
Stocks are closing higher on Wall Street, breaking a four-day losing streak for the Standard & Poor’s 500 index.
Technology and industrial stocks rose more than the rest of the market Thursday. Facebook rose 2.3 percent, while Boeing climbed 1.3 percent.
Energy stocks also rose as the price of crude oil bounced back following a steep drop a day earlier. Pioneer Natural Resources rose 2.4 percent.
The S&P 500 rose 7 points, or 0.3 percent, to 2,637.
The Dow Jones industrial average climbed 70 points, or 0.3 percent, to 24,211. The Nasdaq composite added 36 points, or 0.5 percent, to 6,812.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.36 percent.