Dow Jumps 500 Points, Market Rebounds As Strong Earnings Alleviate ‘Dire Recession Headlines’

US Stock Market: Wall Street jumps on retailer outlook hikes, ebbing Fed fears; Nasdaq up 2.6%

Wall Street Indexes posted solid gains and were up on Thursday: Dow 1.61%, S&P 1.99%, Nasdaq 2.68%. The tech-laden Nasdaq surged the most - its 2.7% advance was powered by gains in Apple Inc, Tesla Inc and Amazon.com Inc.

Wall Street jumps on retailer outlook hikes, ebbing Fed fears

On a weekly basis, the S&P 500, Nasdaq and Dow are on track to snap their longest losing streaks in decades, during which the benchmark S&P plummeted 14.1% and brought it within striking distance of being confirmed as a bear market.

Better results from retailers help send stock market higher

Roughly 90% of the stocks in the S&P 500 rose, with technology companies, banks and retailers driving much of the rally.

Better results from retailers help send stock market higher

Stocks closed broadly higher on Wall Street Thursday as investors cheered a strong set of quarterly results from Macy’s and other retailers.The S&P 500 rose 2% and is on pace for its first weekly gain after seven straight losses, its longest such stretch since 2001.The Dow Jones Industrial Average rose 1.6% and the Nasdaq gained 2.7%. Smaller company stocks also made strong gains, a sign of bullishness on the economy.Bond yields rose. The yield …

Better results from retailers help send stock market higher

NEW YORK (AP) — Stocks closed broadly higher on Wall Street Thursday as investors cheered a strong set of quarterly results from Macy’s and other retailers.

Better results from retailers help send stock market higher

NEW YORK (AP) — Stocks closed broadly higher on Wall Street Thursday as investors cheered a strong set of quarterly results from Macy’s and other retailers.