The major US stock indices are closing solidly higher and with the best gains the 2024.
The final numbers are showing:
- Dow industrial average rose 619.05 points or 1.56% at 40,212.71 points
- S&P index rose 95.31 points or 1.81% at 5363.36.
- NASDAQ index rose 337.14 points or 2.06% at 16724.45.
- The small-cap Russell 2000 gains 28.80 points or 1.57% at 1860.2047.
For the trading week:
- Dow industrial average rose 4.95%. It’s best week since a gain of 5.07% on October 30, 2023.
- S&P index rose 5.7%. That was his best week since October 30th 2023 when the index rose 5.85%
- NASDAQ index rose 7.29%. It’s best week since November 7, 2022 when the index rose 8.10%
- Russell 2000 rose 1.815%. That was it best week since 3.95% on January 13, 2025
This article was written by Greg Michalowski at www.forexlive.com.