- Aug 25, 2015 · Markets rallied on Wednesday to leap about 4 percent in a recovery and make for the best day since 2011.
- By the numbers: Markets roar back from declines. ... CNBC 14 min ago CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. My Papers
- By the numbers: Markets roar back from declines. Shout Box. ... CNBC TOP NEWS – http://www.cnbc.com/2015/08/26/by-the-numbers-markets-roar-back-from-declines.html.
Markets
After Tuesday's last minute collapse, investors on Wednesday had to wait until the closing bell to see if a market rally could hold. (Tweet this.)
And a rally it was. The Dow Jones industrial average closed up more than 600 points to end at 16,285.51. The last time the index closed up over 500 points was back in November 2008.
The S&P 500 also came out of a correction from its May high when it ended up 3.9 percent.
Here are some more market stats from the trading session:
- The iShares Biotech ETF finished the day up 5.1 percent , its best day since August 9, 2011
- The S&P tech sector ended up 5.3 percent, its best day since March 23, 2009
- The gain in the Dow is third biggest all-time gain on a point basis (the only bigger gains at this point are from October 2008)
- The Dow is still down 11.3 percent from its May 19 high
- The companies that contributed the most to the Dow's gains: Goldman Sachs, Apple, IBM, Nike and 3M
- The Nasdaq had its best day since August 2011 as it closed up 4.24 percent, nearly wiping out this week's losses (The Nasdaq was still down 10.2 percent from its July high)
- S&P sectors out of correction: staples, consumer discretionary, health care, financials, tech (telecom, industrials, utilities, materials, and energy remain in correction or worse)
—CNBC's Gina Francolla, Christopher Hayes and Evelyn Cheng contributed to this report.
MORE FROM CNBCend quote from:By the numbers: Markets roar back from declines
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Because of fighting in Ukraine and Israel Bombing Iran I thought I should share this EMP I wrote in 2011
- Historicity of Jesus-Wikipedia
- US intelligence officials make last-ditch effort to sound the alarm over foreign election interference
- Holiday Fire in Goleta: 19 structures destroyed: 80% contained: evacuations lifted
- CAVE FIRE EVACUATIONS TO BE LIFTED WEDNESDAY
- "There is nothing so good that no bad may come of it and nothing so bad that no good may come of it": Descartes
- most read articles from KYIV Post
- reprint of: Drones very small to large
- The ultra-lethal drones of the future | New York Post 2014 article
- Keri Russell pulls back the curtain on "The Diplomat" (season 2 filming now for Netflix)
Wednesday, August 26, 2015
By the numbers: Markets roar back from declines
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment