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New York Stocks Conclusion: Dow Takes Back 26,000 Points | message


NEW YORK (dpa-AFX) – Led by a price rally in technology stocks, the US stock markets made a much firmer start to the week after the long holiday weekend. The Chinese stock exchanges provided clearly positive impulses. In China, the leading index CSI 300 had skyrocketed by around six percent to the highest level in five years.

The Dow Jones Industrial (Dow Jones 30 Industrial) closed 1.78 percent higher at 26,287.03 points, almost at its daily high. The leading index also ended above the 26,000 mark for the first time in almost two weeks. The broader S&P 500 rose 1.59 percent to 3179.72 points. The technology-heavy NASDAQ 100 rose 2.53 percent to 10 604.06 points. On Friday, the US stock exchanges were closed due to the Independence Day celebrations on Saturday./edh/fba

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