Thursday, September 18, 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:
Thai central bank holds interest rate (09-17 18:35)
Jack Ma denies emigration plan (09-17 16:54)
Tycoon buys 30 Rolls-Royces for Macau hotel (09-17 16:27)
Hang Seng ends on positive column (09-17 16:19)
European stocks open higher (09-17 16:04)
Nikkei dips at close (09-17 14:33)
Sony warns of loss bigger than forecast (09-17 14:21)
Hang Seng rises at noon (09-17 12:22)
Nikkei inches up at midday (09-17 11:11)
German investor optimism down on concerns of Ukraine, Scotland (09-16 18:22)

More breaking news >>

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