US STOCKS-On Wall Street, oil proffers modest Santa Claus rally
(Updates to close)
* U.S. consumer spending up in November
* Nike reverses course after hitting record high
* Celgene up after settling patent litigation
* Indexes up: Dow 1.06 pct, S&P 1.24 pct, Nasdaq 0.9 pct
By Noel Randewich
Dec 23 (Reuters) - Wall Street rallied for the third consecutive session on Wednesday, propelled by sharp gains in energy stocks as a rebound in oil prices boosted sentiment heading into the Christmas holiday.
The S&P 500 finished 1.24 percent higher, bringing its gain this week to almost 3 percent following a soft start to December.
For 2015, the S&P 500 has emerged into marginally positive territory, up 0.26 percent while the Dow Jones industrial average is down 1.24 percent. Continuación...