Dow Jumps 300 Points as Market Attempts to Rebound from This Week's Rout

Wednesday, 26 February 2020 23:30 WIB

DOW JONESS & P 500Indeks NasdaqSahamAS


Stocks rose on Wednesday as the market tried to find some stability after consecutive days of sharp selling.

The Dow Jones Industrial Average traded 301 points higher, or 1.1%. The 30-stock Dow was up more than 400 points earlier in the session. The S&P 500 gained 1.1% while the Nasdaq Composite advanced 1.4%.

Boeing, 3M and Walgreens Boots Alliance led the Dow's gains, advancing more than 2% each. Tech, industrials, materials and health care outperformed within the S&P 500 as all four sectors rose more than 1%.

The Nasdaq was led higher by a 2.7% gain in Apple shares. Facebook rose more than 1% while Netflix climbed 4.5%. Amazon and Alphabet advanced 1.4% and 1.1%, respectively.

Source : CNBC


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