U.S. stocks close higher

NEW YORK, May 2 (Xinhua) -- U.S. stocks ended higher on Thursday.

The Dow Jones Industrial Average rose 322.37 points, or 0.85 percent, to 38,225.66. The S&P 500 added 45.81 points, or 0.91 percent, to 5,064.2. The Nasdaq Composite Index increased by 235.48 points, or 1.51 percent, to 15,840.96.