The Dow Jones industrial average rose 0.8 percent to 13,596.02. The Standard & Poor's 500 rose 0.6 percent to 1,480.94. The Nasdaq composite index rose 0.6 percent to 3,136.
Benchmark oil for February delivery was down 27 cents to $95.22 per barrel in electronic trading on the New York Mercantile Exchange. The contract gained $1.25 to finish at $95.49 a barrel. That was the highest close for crude on the Nymex since Sept. 17 and a result of the positive economic reports out of the U.S.
In currencies, the euro fell to $1.3369 from $1.3384 late Thursday in New York. The dollar fell to 89.82 yen from 89.97 yen.
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