US: Stocks finish volatile session higher, Dow up 1%
[NEW YORK] Wall Street stocks finished higher on Thursday following a volatile session as investors weighed massive government stimulus measures against some of the first data pointing to the sharp US economic slowdown.
The Dow Jones Industrial Average gained 1 per cent to 20,087.40, after swinging more than 1,200 points during the day.
The broad-based S&P 500 climbed 0.5 per cent to 2,409.40, while the tech-rich Nasdaq Composite Index jumped 2.3 per cent to 7,150.58, as large technology companies led the market.
AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
BlackRock said to be in exclusive due diligence for Capri by Fraser China Square
‘Very low chance’ that US-Iran deal reverts energy flows to South-east Asia through Hormuz: Bloomberg Economics
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation