US stock indexes gain in quiet trading; oil price surges

Source: AP-Excite

NEW YORK (AP) — U.S. stocks are closing higher, led by gains in energy shares as the price of crude oil surges.

The Dow Jones industrial average rose 117 points, or 0.7 percent, to 17,880 on Monday.

The Standard & Poor's 500 index gained 13 points, or 0.7 percent, to 2,080. The Nasdaq composite gained 30 points, or 0.6 percent, to 4,917.

Energy stocks had some of the biggest gains. Rig operator Transocean soared 10 percent.

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FILE - This Oct. 8. 2014 photo shows a Wall Street address carved into the side of a building in New York. U.S. stock indexes are opening lower Monday, April 6, 2015 following a weak jobs report late last week. (AP Photo/Mark Lennihan, File)

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