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Companies & Markets

US: Nasdaq jumps 1.4% to close at new record ahead of big US earnings

Published Thu, Jul 12, 2018 · 10:02 PM
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[NEW YORK] Wall Street was back in buying mode on Thursday, pushing the Nasdaq to a fresh record as high hopes for earnings season overshadowed trade war fears.

The Dow Jones Industrial Average gained 0.9 per cent to close at 24,924.89.

The broad-based S&P 500 advanced 0.9 per cent to 2,798.29, while the tech-rich Nasdaq Composite Index jumped 1.4 per cent to finish at 7,823.92, its first record since June 20.

AFP

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