US stocks set for best day of 2016 as energy and tech rise
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US stocks are climbing Friday, on pace for their best day in a difficult year. The price of oil has jumped 21 percent in the last two days, and energy stocks are rising. Tech stocks are also advancing.
The Dow Jones industrial average gained 173 points, or 1.1 percent, to 16,055 as of 3:07pm Eastern time. The Standard & Poor's 500 index rose 33 points, or 1.8 percent, to 1,902. The Nasdaq composite climbed 103 points, or 2.3 percent, to 4,574.