Badly bruised Wall Street finds solace in oil rebound

Wall Street staged a modest rally on Thursday as oil prices recorded their biggest gain this year and ECB President Mario Draghi raised hopes of more stimulus for Europe. Seven of 10 major S&P 500 sectors climbed, with a 2.88-percent jump in energy stocks leading the way. Helping global and U.S. stocks, the European Central Bank kept its main rates on hold and Draghi said the central bank would "review and possibly reconsider" its monetary policy as soon as March.