After coming under pressure late in the previous session, stocks showed a significant move back to the upside in early trading on Thursday and continued to turn in a strong performance throughout the day.
The tech-heavy Nasdaq led the way higher, surging 496.28 points or 1.9 percent to 26,517.93. The S&P 500 also jumped 80.48 points or 1.1 percent to 7,500.58, while the narrower Dow posted a much more modest gain, inching up 72.15 points or 0.1 percent to 51,564.70.
For comments and feedback contact: editorial@rttnews.com
Business News
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.