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Oct 23, 2014
US stocks rallied but it closed off of highs; Ebola concerns
FXStreet (San Francisco) - Wall Street posted big gains on Thursday as investors welcomed strong corporate earnings like 3M and Caterpillar. However, major indexes closed off of highs as Ebola concerns in NYC spread over the market.
Nasdaq and S&P are set to post its best week since January 2013 but Amazon.com (AMZN)'s reported after hours a big miss in earnings that will add a point of salt to Friday's trading session.
The Dow Jones advanced 216.58 points or 1.32% on Thursday to close the session at 16,677.90. S&P 500 added 23.71 pts or 1.23% to finish at 1,950.82. While the Nasdaq Composite jumped 69.94 pts or 1.60% to 4,452.79.
Oil jumped from the 80.00 area and it closed the day near to 82.00 while the gold declined for second day as the yellow metal lost around $10 on the day to 1,232.30.
Nasdaq and S&P are set to post its best week since January 2013 but Amazon.com (AMZN)'s reported after hours a big miss in earnings that will add a point of salt to Friday's trading session.
The Dow Jones advanced 216.58 points or 1.32% on Thursday to close the session at 16,677.90. S&P 500 added 23.71 pts or 1.23% to finish at 1,950.82. While the Nasdaq Composite jumped 69.94 pts or 1.60% to 4,452.79.
Oil jumped from the 80.00 area and it closed the day near to 82.00 while the gold declined for second day as the yellow metal lost around $10 on the day to 1,232.30.