Dow Jones Adds Record-Breaking 1,086 Points As Stocks Soar 5 Percent

The S&P 500 and the Dow each clocked their biggest single-session point gains on record on Wednesday.

The S&P 500 rose 4.96%, or 116.6 points, as of market close. The Dow surged 4.98%, or 1,086.25 points. The Nasdaq rose 5.84%, or 361.44 points.

The combined gains of tech giants Amazon, Microsoft, Apple, Google, Facebook and Netflix during Wednesday’s session alone totaled $242.7 billion in market capitalization. Retail stocks also got a boost following reports that holiday spending increased the most in six years this season.  

The S&P 500, Dow and Nasdaq completely regained the losses after a crushing session on Monday, which had been the worst Christmas Eve for stocks on record.

Dow closes up more than 1,000 points, stocks rally back from Christmas Eve beating in best day for Wall Street in 10 years

Via www.gazettetimes.com

The Dow posted biggest daily point gain ever. The Dow rose 1,086 points, gaining 5%. The S&P...

12/26/2018 3:22 PM

 

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