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
Genting Singapore trails MBS, but helps anchor Malaysian parent group’s finances
Siti Hasmah Mohamad Ali, wife of former Malaysian PM Mahathir Mohamad, dies aged 100
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Why US midterm elections could power the next stock market rally