Tuesday, July 22, 2014   

Strong gains on Wall Street
(03-18 09:52)

US stocks gained sharply Monday as investors brushed aside the ongoing political turmoil in Ukraine and focused on a surge in output at US factories last month.
The Dow Jones industrial average was up by 183 points, or 1.1 percent, to 16,249 as of 2:45 p.m. Eastern time. It jumped as much as 204 points earlier. The Standard & Poor's 500 index rose 19 points, or 1.1 percent, to 1,860 and the Nasdaq composite added 43 points, or 1 percent, to 4,288.
Technology stocks were among the biggest gainers, led by Yahoo, which climbed 4.3 percent. Yahoo owns a quarter of the Chinese e-commerce website AliBaba, which announced plans to go public in the U.S.
Other tech stocks also rose including Microsoft, Google and Amazon.—AP


   
Other Business breaking news:
Hang Seng hits high since December (2 hrs 53 mins ago)
European markets open higher (07-22 15:33)
Credit Suisse posts heavy loss after fine (07-22 15:07)
Nikkei closes higher on weaker yen (07-22 14:09)
Hang Seng jumps by break (07-22 12:30)
Nikkei up by break (07-22 10:59)
Taiwan exports surge on higher mobile demand (07-21 17:46)
HK inflation eases in June (07-21 17:36)
China, Switzerland sign currency swap deal (07-21 17:27)
Hang Seng, Shanghai end lower (07-21 16:38)

More breaking news >>

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