FILE - This Aug. 9, 2011 file photo shows a Wall Street street sign near the New York Stock Exchange, in New York. Health care stocks were leading early gains in U.S. trading Thursday, Feb. 5, 2015, while the energy sector also rose as the price of oil recovered from a stumble. (AP Photo/Mark Lennihan, File)

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NEW YORK The stock market is notching its third big gain this week as the price of oil recovers and investors applaud a big acquisition in the pharmaceutical industry.

Energy stocks rose Thursday as crude oil gained 4 percent.

Hospira soared 35 percent after the drugmaker agreed to be acquired by Pfizer for $16 billion.

The Dow Jones industrial average rose 211 points, or 1.2 percent, to 17,884.

The Standard & Poors 500 rose 21 points, or 1 percent, to 2,062. The Nasdaq composite rose 48 points, or 1 percent, to 4,765.

The gains put the Dow and the S&P 500 back in the black for 2015.

Crude oil rose 4 percent to close at $50.48 a barrel.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.81 percent.

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Health care stocks lead an early advance on Wall Street