Tuesday, May 26, 2015   

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:
Corporate maneuver at Samsung strengthens heir's influence (05-26 12:19)
Hang Seng soars by lunch (05-26 12:05)
First Libor rigging trial to begin in UK (05-26 12:03)
Nikkei flat by break (05-26 10:47)
Hang Seng, Shanghai end higher (05-22 16:39)
Margin trading exceeds 2 trillion yuan, propelling risky rally in China markets (05-22 16:14)
German business confidence wanes (05-22 16:08)
Year end start for China led development bank (05-22 16:06)
European equities open higher (05-22 15:33)
Domestic demand lifts German economy (05-22 14:40)

More breaking news >>

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