Thursday, July 31, 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:
European stocks down before US data (07-30 19:00)
Singapore Airlines profit slumps in first quarter (07-30 18:45)
Eurozone banks ease loan conditions for businesses: ECB (07-30 18:29)
Spain speeding away from crisis (07-30 18:03)
Sony to delist shares from LSE (07-30 17:06)
Trade slumps between HK, China (07-30 16:59)
NEC cuts net loss (07-30 16:57)
Nintendo logs quarterly net loss on Wii U costs (07-30 16:47)
Hang Seng extends win streak to seven days (07-30 16:12)
Barclays says first-half net profit soars (07-30 15:17)

More breaking news >>

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