Wall Street snapped its three-day losing streak on Wednesday thanks to a rebound in commodity prices and Dell's strong earnings, but investors say stocks still face headwinds. Wednesday's bounce gave some respite to selling that has driven the S&P 500 down nearly 2 percent this month as soft economic data has put investors on the defensive.
he Dow Jones industrial average gained 80.60 points, or 0.65 percent, to 12,560.18. The Standard & Poor's 500 Index rose 11.70 points, or 0.88 percent, to 1,340.68. The Nasdaq Composite Index added 31.79 points, or 1.14 percent, to 2,815.00.
he Dow Jones industrial average gained 80.60 points, or 0.65 percent, to 12,560.18. The Standard & Poor's 500 Index rose 11.70 points, or 0.88 percent, to 1,340.68. The Nasdaq Composite Index added 31.79 points, or 1.14 percent, to 2,815.00.
No comments:
Post a Comment