Dow News
Overnight, the S&P 500 rose to a near four-month peak while the Dow and the Nasdaq also gained.
Asian share markets sank on Thursday after Wall Street suffered its worst drubbing in eight months, a conflagration of wealth that could threaten business confidence and investment across the globe.
Walmart, the world`s biggest brick-and-mortar retailer, reported a lower-than-expected profit and posted a sharp drop in online sales growth during the holiday period.
After a swing of nearly 1,200 points during the session, the Dow finished solidly higher, tacking on more than 500 points, or 2.3 per cent from Monday's close, to 24,912.77.
US stocks saw their biggest one-day fall in six years on Monday, as investor profit taking brought the market back down from record highs seen in late January, after benchmark bond yields rose to a four year high last week.
It was the biggest daily point fall in the Dow since December 2008 during the financial crisis.
The Dow and S&P 500 hit record highs on Friday after weak economic data dulled prospects of more interest rate hikes this year.
Wall Street stocks rose again Tuesday, with the Nasdaq climbing above 6,000 for the first time and the Dow gaining following a series of mostly strong earnings from blue-chip companies.
International Monetary Fund chief Christine Lagarde on Sunday voiced optimism for US economic growth under President Donald Trump but warned it could herald trouble for the rest of the world.
The Dow hit a fresh record but stock gains on Wall Street slowed Friday as the bump from Donald Trump`s surprise presidential election victory eased.
The Dow powered to a fresh record Thursday on continued momentum from President-elect Donald Trump`s election win, but the Nasdaq tumbled on weakness in Amazon, Apple and other tech equities.
US stocks closed mixed for a fourth straight day on Friday, as the advance estimate on the country's second-quarter economic growth came in worse than expected.
A major rally in Google pushed the Nasdaq to a second straight record high on Friday while weak energy stocks weighed on the Dow and S&P 500.
US stocks scored modest gains Tuesday amid positive US and eurozone data as investors kept a wait-and-see attitude on Greece`s potential debt deal.
Investors are closely awaiting next week`s May sales data, expected to come in near record levels.
The Dow Jones Industrial Average finished the week up 167.05 points (0.93 percent) at 18,191.11, while the broad-based S&P 500 advanced 7.81 (0.37 percent) to 2,116.10, less than two points below a record.
US stocks Wednesday posted solid gains following a big jump in US existing-home sales and a mixed bag of earnings reports from Boeing, McDonald`s and others.
Market focus will shift from macro to micro next week, and investors betting on gains in stocks will hope coming earnings reports will be somewhat stronger than recent disappointing economic figures.
The Dow and S&P 500 Thursday gave back some of their gains from the prior session, while the Nasdaq edged up closer to 5,000.
The Nasdaq finished above 5,000 Monday for the first time in 15 years, capping a long-running recovery in the exchange after the dot-com bubble burst spectacularly in 2000.
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