Broader positive sentiment was on display in commodities markets, too, as the price of oil continued a rally following news from Norway, a major oil producer, that it would limit production, something that will lift sagging prices. The price of the U.S. benchmark, the West Texas Intermediate, jumped 7.6 percent to $16.21, while Brent, the international benchmark, rose nearly 4 percent to $23.42 a barrel.
Article source: https://www.nytimes.com/2020/04/30/business/stock-market-today-coronavirus.html