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U.S. stocks rose on Thursday, putting major indexes on track to snap a recent spate of declines, lifted by gains in industrial and energy shares as U.S. Treasury yields eased.
The Dow closed 164.70 points higher at 24,962.48, with United Technologies as its best-performing stock. The 30-stock index climbed as much as 358.94 points earlier in the session.
The S&P 500 advanced 0.1 percent higher to 2,703.96 following a rollover in the final hour of trading. The broad index added as much as 1.1 percent.
The tech-heavy Nasdaq ended the session 0.1 percent lower at 7,210.09. At its session high, it increased as much as 0.9 percent. However, losses in Netflix, Google-parent Alphabet and the iShares Nasdaq Biotechnology exchange-traded fund (IBB) pulled down the index.
Industrial shares gained 0.97 percent, led by a 4.19 percent rise in Quanta Services after its quarterly results and a 3.26 percent growth in United Technologies after the aero parts maker said it is exploring a breakup of its business portfolio.
Energy stocks, up 1.64 percent and on track for their best day in a month, also helped support gains, as oil prices advanced on a surprise draw in U.S. crude inventories.
In corporate news, Chesapeake Energy shares surged 21.7 percent after the company posted stronger-than-expected quarterly earnings. The stock was also the best performer in the S&P 500.
