Stock Market Today: Key Insights on Dow's 120 Point Rise and Nasdaq's Best Day
Thursday, 10 October 2024, 12:34
U.S. Stocks Rebound Leading to Dow Surge
U.S. stocks finished higher on Tuesday as technology shares powered the market's rebound. The Dow Jones Industrial Average rose by 126.13 points, or 0.3%, closing at 42,080.37.
Nasdaq's Remarkable Day
The Nasdaq Composite experienced a significant uptick, up 259.01 points, or 1.5%, finishing at 18,182.92. This represents its best day in nearly three weeks, highlighting the recovery post-Monday's selloff.
S&P 500's Performance
- The S&P 500 gained 55.19 points, nearly 1%, ending at 5,751.13.
- It marked the largest one-day point and percentage gain since September 19.
These movements signify renewed investor confidence and a potential shift in market sentiment as stocks look towards further growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.