How major US stock indexes fared on Thursday
U.S. stocks brushed aside their first wobble of the year and got back to setting records on Thursday. Energy stocks led the way after the price of oil touched its highest level since 2014.
The gains for indexes marked a return to calm, after a whiff of nervousness wafted through markets a day earlier as interest rates rose. After rates held steady on Thursday, the Standard & Poor’s 500 index marked its seventh gain in the last eight days.
On Thursday:
The Standard & Poor’s 500 index rose 19.33 points, or 0.7 per cent, to 2,767.56.
The Dow Jones industrial average rose 205.60 points, or 0.8 per cent, to 25,574.73.
The Nasdaq composite gained 58.21 points, or 0.8 per cent, to 7,211.78.
The Russell 2000 index of smaller-company stocks surged 26.99 points, or 1.7 per cent, to 1,586.79.
For the week:
The S&P 500 is up 24.41 points, or 0.9 per cent.
The Dow is up 278.86 points, or 1.1 per cent.
The Nasdaq is up 75.22 points, or 1.1 per cent.
The Russell 2000 is up 26.78 points, or 1.7 per cent.
For the year:
The S&P 500 is up 93.95 points, or 3.5 per cent.
The Dow is up 855.51 points, or 3.5 per cent.
The Nasdaq is up 308.39 points, or 4.5 per cent.
The Russell 2000 is up 51.28 points, or 3.3 per cent.
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