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U.S. Stocks Rally As Latest Data Adds To Interest Rate Optimism

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Extending the strong upward move seen over the past several sessions, stocks moved sharply higher during trading on Thursday. The major averages all showed significant moves to the upside, climbing further off last week's multi-month lows.

The major averages saw continued strength going into the close, ending the session near their best levels of the day. The Dow jumped 564.50 points or 1.7 percent to 33,839.08, the Nasdaq surged 232.72 points or 1.8 percent to 13,294.19 and the S&P 500 spiked 79.92 points or 1.9 percent to 4,317.78.

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