Wall Street shot higher Thursday as tumbling energy prices bolstered an already upbeat mood that followed stronger-than-expected quarterly reports from big names including JPMorgan Chase and United Technologies.

The Dow Jones industrial average rose more than 200 points, bringing its two-day advance to more than 480. Light sweet crude fell $5.31 to settle at $129.29 a barrel; oil has dropped more than $15 in just the past three sessions.

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