Dow rebounds, closes up $366 at $52,048 as oil prices and US long-term interest rates decline

The story

The Dow Jones Industrial Average closed at $50,048, up $366.

Lower oil prices and declining US long-term interest rates were cited as market factors.

At a glance

Closing levelThe Dow Jones Industrial Average closed at $50,048

GainIt closed up $366

Background factor 1Lower oil prices were cited as a positive factor

Background factor 2US long-term interest rates were reported to have declined

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