U.S. stocks recoup most of prior day's decline

NEW YORK (MarketWatch)
U.S. stocks closed higher Thursday, after scaling back late in the session on reports of a blast destroying pipelines in Saudi Arabia that sent oil futures above $110 a barrel
 "Every dip is being bought," said Peter Boockvar, equity strategist at Miller Tabak
 The price of oil rising "because of supply issues is a lot different than due to demand," said Boockvar. "The market doesn't care," he added
The Dow Jones Industrial Average  added 28.23 points, or 0.2%, to end at 12,980.30
The S&P 500 rose 8.41 points, or 0.6%, to 1,374.09
The Nasdaq Composite advanced 22.08 points, or 0.7%, to 2,988.97