Friday, 9 August 2024

Wall Street Sees Best Day of Trading in Nearly Two Years amid Recovery Rally

THE GUARDIAN: Indices rise days after S&P endured worst day in almost two years amid global stock market sell-off

Wall Street enjoyed its best day of trading in nearly two years, recovering most of the losses it suffered during a sell-off sparked by US economic fears earlier this week.

The S&P 500 rose 2.3% to 5,319.32, its biggest single-day jump since November 2022. The Dow Jones industrial average rose 1.8% to 39,446.49. The technology-focused Nasdaq Composite rose 2.9% to 16,660.02. » | Callum Jones in New York | Thursday, August 8, 2024