It was green across the board as U.S. markets all closed with gains after a weak open. Renewed hopes of an interest rate hike happening later rather than sooner on the weak jobs data and the U.S. dollar’s pullback energized investors. Meanwhile, crude oil gained 6% to settled $3.00 higher at $52.14 a barrel on supply concerns from Iran and Saudi Arabia. Energy was the best performing sector with stocks like ConocoPhilips (COP) closing 3.5% higher. Not sealing the deal fast enough pushed a couple of regional banks lower. Hudson City (HCBK) said its planned merger with M&T Bank (MTB) is yet again delayed. But a collaboration announcement had UniQure (QURE) up 47%. The gene-therapy company is partnering with Bristol-Myers Squibb (BMY) in a smaller company. Mattel (MAT) was one of the S&P’s biggest gainers. Shares of the toymaker rose after analysts at B. Riley raised its rating for the stock to a BUY from NEUTRAL.
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