U.S. stocks snapped a three-day losing streak Thursday, with energy and health care stocks leading the rally.
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The Dow closed up 82 points, the S&P 500 gained almost 5 points, lifting the index into positive territory for the year, and the Nasdaq closed up more than 22 points.
Oil settled at its lowest price since February 18, 2009 at $36.76. Oil has fallen for the past five days in a row, its longest losing streak in five months.
Retail giant Wal-Mart (NYSE:WMT) fired a shot across the bow at Apple (NASDAQ:AAPL); Wal-Mart rolled out its answer to Apple Pay, its own payment system, at certain stores in Bentonville, Arkansas. For now, you can pay for purchases by scanning a QR code at the register with your smartphone. The service is expected to be in all Wal-Mart stores nationwide by the first half of next year. Investors liked what they saw, as the stock closed up almost 1%.
GoPro (NASDAQ:GPRO) saw some signs of life Thursday! The action camera maker initially rose on more details being released of its first drone, set to be sold in 2016. They're calling it "Karma." Then, the stock rocketed more than 11% after a second analyst in the last three months floated GoPro as a potential acquisition target for Apple. GoPro's stock has fallen 45% over the last few months.
Investors rushed into gun stocks after the terror attacks in Paris and San Bernardino, but none have been doing quite as well as Smith & Wesson (NASDAQ:SWHC). The stock hit a lifetime high of $23 a share, the highest since the stock started trading about 17 years ago.