Traders work at the New York Stock Exchange, Friday, Jan. 22, 2016. (AP Photo/Mark Lennihan)
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Global equity indexes and oil prices climbed for a second day Friday, as frigid weather across the United States and Europe boosted energy demand.Energy shares led the advance in U.S. stocks, which surged more than 1 percent in morning trading.The MSCI All Country World Index jumped 2.5 percent, while Europe's pan-regional FTSEurofirst 300 index shot up 3.1 percent.On Wall Street, the Dow Jones industrial average was up 159.16 points, or 1 percent, at 16,041.84, the S&P 500 gained 28.07 points, or 1.5 percent, to 1,897.06 and the Nasdaq Composite added 85.88 points, or 1.92 percent, to 4,557.94 .Benchmark 10-year Treasury notes were down 18/32 in price to yield 2.082 percent, up 6 basis points from late Thursday.
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