The Bull

Tuesday 19

March, 201910:57 AM



Dow ends 5% higher as US stocks rally

Dow ends 5% higher as US stocks rally

Wall Street stocks roared back to life Wednesday, shaking off four straight routs and notching the biggest single-session gains in nine years.

Share |

27.12.2018 08:22 AM

Wall Street stocks roared back to life Wednesday, shaking off four straight routs and notching the biggest single-session gains in nine years. 

At the closing bell, the Dow Jones Industrial Average was at 22,876.75, up more than 1,000 points or five percent.

The broad-based S&P 500 also surged five percent to 2,467.68, while the tech-rich Nasdaq Composite Index advanced 5.8 percent to 6,554.36.

The rally came after a bruising stretch for Wall Street and followed strong retail sales data and White House reassurances that Fed Chair Jay Powell won't be fired. Analysts attributed the gains in part to technical factors after days of selling.
Archive
Markets
Index: Points Change Percent

PLEASE SUPPORT OUR SPONSORS, AUSTRALIA'S LEADING BROKERS:



© Copyright TheBull.com.au. All rights reserved.