Dow Adds 509, Nasdaq Climbs 251, S&P 500 Gains 65
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7 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.
The New York stock market rebounded for the first time in five days, influenced by falling oil prices and the release of a Consumer Price Index (CPI) close to expectations.
On the 11th, the Dow Jones Industrial Average on the New York Stock Exchange rebounded for the first time in five trading days, closing at 52,573.29, up 509.19 points from the previous day. The Nasdaq Composite Index, which is dominated by technology stocks, also rebounded, rising 251.32 points to 26,333.04.
[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%.
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