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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


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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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