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The Dow Rose 260 Points Because Stocks Got a Booster Shot

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U.S. stocks climbed throughout the day and ended with gains. The Dow Jones Industrial Average rose 260.01 points, or 1.11%, to close at 23,775.27. The S&P 500 gained 38.94 points, or 1.39%, to end at 2836.74, and the Nasdaq Composite added 139.77 points, or 1.65%, to close at 8634.52.

Oil futures continued to recover after close-to-expiring May contracts for West Texas Intermediate crude plummeted to below zero earlier this week. WTI for June delivery rose 2.7% to settle at $16.94 a barrel on Friday. Nonetheless, the price...

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