Monday 26 March 2018

Wall Street's Nasdaq, S&P, Dow Jones post biggest one-day gain in 2-1/2 yrs

Wall Street

Wall Street's three major indexes jumped to their greatest one-day gain in two-and-a-half years on Monday, led by the tech sector, as trade war fears eased on reports that the United States and China were willing to renegotiate tariffs and trade imbalances.

The Dow Jones Industrial Average <.DJI> rose 669.4 points, or 2.84 percent, to 24,202.6, the S&P 500 <.SPX> gained 70.29 points, or 2.72 percent, to 2,658.55 and the Nasdaq Composite <.IXIC> added 227.88 points, or 3.26 percent, to 7,220.54.

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