Soaring crude oil prices lifted the markets to a higher close with Dow climbing 75 points to 18,112. Nasdaq gained 33 points to 5,011.

On the upside

Shares of XBiotech (Nasdaq: XBIT) surged in its market debut.

Warren Resources (Nasdaq: WRES) stock soared as crude oil prices continued advancing.

DS Healthcare Group (Nasdaq: DSKS) reversed year ago losses to post a profit for the fourth quarter as revenue rose.

On the downside

Shares of Athersys (Nasdaq: ATHX) continued falling.

RCS Capital’s (NYSE: RCAP) Cetera Financial Group added a two-broker practice in Massachusetts but the stock price fell.

Mad Money’s Jim Cramer said that Avon (NYSE: AVP) would not be able to find a buyer for its North American business.
 
In the broad market, advancing issues outpaced decliners by a margin of 2 to 1 on the NYSE and by nearly 2 to 1 on Nasdaq. The broader S&P 500 gained 10 points to 2106. Bitcoin added $5 to $219.