Closing Glance: Medical Devices

Shares of medical device companies closed higher Tuesday as the broader market rallied on falling oil prices and Federal Reserve Chairman Ben Bernanke's comments that the central bank might extend its lending efforts to investment banks.

Here's how several key medical device stocks performed Tuesday:

St. Jude Medical Inc., up $1.79, or 4.4 percent, to $42.56.

Boston Scientific Corp., up 35 cents, or 2.8 percent, to $12.85.

Medtronic Inc., up $1.23, or 2.4 percent, to $52.59.

Abbott Laboratories, up $3.18, or 5.9 percent, to $57.37.