The Dow Jones industrial average rose 70 points in Thursday trading to close at 18,120.

The S&P 500 rose 17 points to 2,124.

The Nasdaq rose 64 points to 5,163.

The LABJ Stock Index rose two points to 241.

Gainers and Losers

Thursday’s biggest local gainer was diabetes drug developer MannKind Corp. Shares of the company rose 5 percent on the day, closing at $5.76.

Thursday’s biggest loser was Commerce furniture designer and manufacturer Nova Lifestyle Inc. Shares of the company fell 14 percent on the day, closing at $1.92.