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Wall Street rallies as the Dow posts best day in 3 months

  • Regular
  • US Market
  • 1 week ago
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U.S. indices traded higher during trading with the Dow scoring its best performance in three months, regardless of the late trade war exchange between Washington and Beijing.

 

The DJIA closed higher by 0.8% at 25,532.05 points, as shares of Abercrombie & Fitch Co. rose by 0.3%, while Ralph Lauren’s stock slipped by over 3% although it did beat Wall street’s expectation with its first quarterly sales report.

 

The S&P500 advanced by 0.8% to 2,834.41 points while the Nasdaq climbed higher by 1.1% to 7,734.49 points as shares of Apple increased by 1.6%, along with Comcast Corp. whose shares also rose by 1.5%.

 

 

Source: Smart Trend Team