U.S. Stocks Resume Advance; Oil Rallies

  • Dow average climbs 115 points as S&P 500 adds 0.8 percent
  • ECB's Draghi says additional stimulus will be used if needed

Investors Look for Direction as Stocks Swing

U.S. stocks overcame an afternoon slump to rebound from the lowest level in 21 months, as crude surged toward $30 amid signals from China and Europe that officials will add to stimulus if needed. Treasuries fell with gold as haven demand waned.

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