(Reuters) - U.S. stocks rallied on Thursday as hopes for a truce in an oil price war between Saudi Arabia and Russia and a cut in oil output drove gains, taking some sting out of a shocking jump in Americans filing jobless claims due to coronavirus-led lockdowns.
The Dow Jones Industrial Average (DJI) rose 466.58 points, or 2.23%, to end at 21,410.09 points, the S&P 500 (SPX) gained 56.09 points, or 2.27%, to 2,526.59 and the Nasdaq Composite (IXIC) added 126.73 points, or 1.72%, to 7,487.31.