The Business Times

US: Stocks surge in opening trade

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Published Wed, Aug 26, 2015 · 01:49 PM

    [NEW YORK] Wall Street stocks jumped in opening trade Wednesday as investors tried to snap a six-day losing streak following solid US economic data and a big oil-services acquisition by Schlumberger.

    About nine minutes into trade, the Dow Jones Industrial Average and S&P 500 were both up 2.25 percent and the tech-rich Nasdaq Composite Index rose 2.35 percent.

    AFP

    Dow JonesNasdaq

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