U.S. stocks closed higher on Thursday, with the S&P 500 and Nasdaq Composite clinching a fourth straight day of gains, as investors reacted to a recent drop in commodity prices. The S&P 500 SPX, +1.50% rose 57.54 points, or 1.5%, to close at 3,902.61. The Nasdaq Composite COMP, +2.28% gained 259.49 points, or 2.3%, to 11,621.35. The Dow Jones Industrial Average DJIA, +1.12% gained 346.87 points, or 1.1%, to 31,384.55. Investors are now looking ahead to June payrolls data, which is set to be released at 8:30 a.m. Eastern on Friday.
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