How the Dow Jones industrial average fared on Thursday

Staff Writer
Columbus CEO

NEW YORK (AP) — Another surge in U.S. stocks Thursday, on the heels of a four-week rally, turned the Dow Jones industrial average positive for the year and wiped out its losses from a terrible start to 2016. The price of gold and silver and oil jumped, boosting materials and energy companies. The dollar continued to weaken, boosting industrial companies on hopes they will be able to sell more products overseas.

On Thursday:

The Dow Jones climbed 155.73 points, or 0.9 percent, to 17,481.49.

The Standard & Poor's 500 index rose 13.37 points, or 0.7 percent, to 2,040.59.

The Nasdaq composite picked up 11.01 points, or 0.2 percent, to 4,774.99.

For the week:

The Dow is up 268.18 points, or 1.6 percent.

The S&P 500 is up 18.40 points, or 0.9 percent.

The Nasdaq is up 26.52 points, or 0.6 percent.

For the year:

The Dow is up 56.46 points, or 0.3 percent.

The S&P 500 is down 3.35 points, or 0.2 percent.

The Nasdaq is down 232.43 points, or 4.6 percent.