NEW YORK (AP) — The latest on developments in global financial markets (all times local):
Stocks are opening higher on Wall Street as energy stocks rise along with the price of crude oil.
Adding to their gains from a day earlier, oil and gas stocks snapped higher in early trading Thursday. Murphy Oil jumped 4 percent.
Materials companies also gained. Copper miner Freeport-McMoRan rose 4 percent.
The Dow Jones industrial average gained 131 points, or 0.7 percent, to 18,425.
The Standard & Poor's 500 index rose 15 points, or 0.7 percent, to 2,178. The Nasdaq composite climbed 33 points, or 0.6 percent, to 5,325.
Bond prices rose. The yield on the 10-year Treasury note fell to 1.63 percent.