US stocks rose during today, boosted by the energy sector surge, which saw a strong trading as a result of oil prices rising in the wake of the attacks on two oil tankers in the Sea of Oman and their explosion.
The United States accused the Iranian government of being behind the incident and vowed to retaliate if the charges were confirmed. Foreign Minister Mike Pompeo also referred the incident to the UN Security Council.
Economic data showed the number of jobless claims in the United States rose by nearly 3,000 to 222,000 last week, while the import price index fell by 0.3% last month.
White House Chief of Staff Larry Kudlow said that the US administration was coordinating a meeting between President Donald Trump and his Chinese counterpart Xi Jinping to end the trade war.
In the crude market, West Texas rose 2.2% to close at $52.28 a barrel, recording a high of $53.4 and a low of $50.9.
Brent also rose 2.2% to close at $61.31 a barrel, with a high of $62.6 and a low of $59.7.
At the close of the session, Dow Jones rose 0.4% (equivalent to 102 points) to 26,107 points, reaching a high of 26,147 points and a low of 25,995 points.
Nasdaq rose 0.6% (44 points) to 2,837 points, with the highest level at 7848 points and the lowest at 7,813.
Standard & Poor's rose 0.4% (12 points) to 2,891 points, the highest level at 2895 points and the lowest level at 2881 points.