US markets

  • US Stocks Rise on the Back of Tech Stocks

    According to reports, the three major US stock indexes collectively closed higher, with the Dow up 1.18%, the Nasdaq up 2.48%, the S&P 500 up 1.76%, and large tech stocks generally up. The three major US stock indexes collectively ended higher, with the S&P 500 index up 1.76% Analysis based on this information:The US stock market rebounded on Thursday, with the Dow Jones Industrial Average, Nasdaq, and S&P 500 indexes all showing gains. The Dow rose 330.36 points or 1.18% to close at 28,860. The Nasdaq Composite Index climbed by 292.57 points or 2.48%, closing at 12,355, and the S&P 500 Index rose by 40.82 points or 1.76%, ending the day at 3,516. The gains in the market’s performance were largely credited to the rise of tech stocks. Some of the notable tech stocks that contributed to the market growth included Apple, Amazon, Facebook, and Google’s parent company Alphabet. Apple’s stock rose by almost 4%, while Amazon, Facebook, and Alphabet’s…

    03/17/2023
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