![]() In the U.S., a government report on job openings showed the number of available jobs in the U.S. Australia’s central bank made an interest rate hike that was smaller than previous ones and that helped Australia’s market jump 3.8%. The two-day rally hit markets as investors look for signs that central banks might ease up on their aggressive rate hikes aimed at taming the hottest inflation in four decades. European and Asian markets also rose broadly. Small company stocks also made solid gains, lifting the Russell 2000 3.9% higher. ![]() ![]() The Dow rose 2.8% and the Nasdaq composite climbed 3.3%. Twitter surged 22.2% after Elon Musk said he would go ahead with his $44 billion acquisition of the social media company, abandoning months of efforts to get out of the deal. The benchmark index has been rallying since hitting its lowest point of the year on Friday to close out a September slump. The S&P 500 rose 3.1%, its best day since May 2020, as all but six of the stocks in the index notched gains. (AP) – The Dow Jones Industrial Average climbed more than 800 points and the S&P 500 had its best day in more than two years Tuesday as the market clawed back more of the ground it lost in a miserable several weeks on Wall Street.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |