Dow Adds 509, Nasdaq Climbs 251, S&P 500 Gains 65
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5 Articles
(New York = Yonhap News) Correspondent Lim Soo-jung = On the 11th (local time), the New York stock market... following the decline in international oil prices and the release of the Consumer Price Index (CPI) that did not deviate significantly from expectations.
[Digital Daily Reporter Lee Sang-il] The New York stock market rebounded for the first time in five days on the 11th (local time), driven by falling international oil prices and the release of a Consumer Price Index (CPI) that met expectations. The Dow Jones 30 Industrial Average closed at 52,573.29, up 509 points (1%) from the previous day, while the Standard & Poor's (S&P) 500 index rose 65 points (1%) to close at 7,656.98. The Nasdaq Compos…
The New York Stock Exchanges closed in high this Friday (11) recovering part of the weekly losses, in a movement driven by relief in oil prices, despite persistent tensions in the Middle East. Investors also put in the background fears of a possible increase in interest by the Federal Reserve (Fed, the US central bank) next week. The Dow Jones index rose 0.98%, to 52.572.91 points. S&P 500 advanced 0.86%, to 7.656.95 points and Nasdaq had a high…
For the week, the S&P 500 fell 0.8%, the Nasdaq lost 0.7% and the Dow lost 1.6%.
Dow Adds 509, Nasdaq Climbs 251, S&P 500 Gains 65
NEW YORK (AP) — U.S. stocks rebounded Friday and regained much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across the United States that came in close to economists’ expectations, even if prices are still rising too quickly for everyone’s liking, also helped calm the market. The S&P 500 climbed 0.9% and snapped a four-day losing streak, its longest since June. The Dow Jones Industrial Averag…
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