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US stocks rise on rebound in oil, strong company results

US stocks turn higher as oil rebounds; Nike, Darden report strong results

Specialist Michael Pistillo, left, and trader Timothy Nick work on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are moving...
Specialist Mario Picone, center, works with traders at his post on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are moving...
Trader Peter Mancuso, right, works on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are moving higher in early trading as i...
Trader Michael Hagis, center, works on the floor of the New York Stock Exchange, Friday, March 20, 2015. Nike jumped $3.63, or 3.7 percent, to $101.95...
Specialist Robert Tuccillo, left, works traders on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are moving higher in early...
Specialist Anthony Rinaldi, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are movi...

Financial Markets Wall Street

Specialist Michael Pistillo, left, and trader Timothy Nick work on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are moving...

Financial Markets Wall Street

Specialist Mario Picone, center, works with traders at his post on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are moving...

Financial Markets Wall Street

Trader Peter Mancuso, right, works on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are moving higher in early trading as i...

Financial Markets Wall Street Earns Nike

Trader Michael Hagis, center, works on the floor of the New York Stock Exchange, Friday, March 20, 2015. Nike jumped $3.63, or 3.7 percent, to $101.95...

Financial Markets Wall Street

Specialist Robert Tuccillo, left, works traders on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are moving higher in early...

Financial Markets Wall Street

Specialist Anthony Rinaldi, left, and trader Michael Urkonis work on the floor of the New York Stock Exchange, Friday, March 20, 2015. Stocks are movi...

NEW YORK (AP) -- Stocks are closing higher, led by gains in energy companies as the price of oil recovers.

Strong earnings from Olive Garden owner Darden Restaurants and Nike also helped lift the market on Friday.

The Nasdaq composite index edged closer to the all-time high it set at the height of the dot-com bubble.

The Dow Jones industrial average rose 168 points, or 0.9 percent, to 18,127.

The Standard & Poor's 500 index rose 18 points, or 0.9 percent, to 2,107.

The Nasdaq composite rose 34 points, or 0.7 percent, to 5,026. The Nasdaq is within 23 points of its all-time high in March 2000.

Crude oil rose $1.76 to $45.72 a barrel in New York.

Bond prices rose. The yield on the 10-year Treasury note fell to 1.93 percent.