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NEW YORK, Feb 24 (Reuters) - U.S. stocks staged a late-session rally to close higher on Wednesday as a turnaround in oil prices helped investors shrug off concerns about banks' vulnerability to decade-low oil prices and enabled financials to curb early losses.
The Dow Jones industrial average rose 53.21 points, or 0.32 percent, to 16,484.99, the S&P 500 gained 8.53 points, or 0.44 percent, to 1,929.8 and the Nasdaq Composite added 39.02 points, or 0.87 percent, to 4,542.61. (Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)