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
Wealth of Singapore’s 50 richest diverges as OCBC, Sheng Siong boom offsets tech slide
Massive tax bill clouds sale of Singapore land by Malaysian king’s son
Canada’s fight with the US has far bigger stakes than trade
What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief