Rally on Wall Street continues on, Dow jumps 249 points

NEW YORK, New York – U.S. stocks continued to rally on Thursday while the U.S. dollar was mixed.

The Dow Jones industrials moved signiifcantly higher, adding 249.17 points or 0.94% to 26,753.17.

The Standard and Poor’s 500 rose 27.72 points or 0.95% to 2,954.18.

The Nasdaq Composite climbed 64.02 points or 0.80% to 8,051.34.

European stocks were higher across the board as well.

In London, the FTSE 100 appreciated by 0.28%.

The German Dax rose 0.38%, while the Paris-based CAC 40 added 0.31%.

On foreign exchange markets profit-taking hit the euro, causing it to decline slightly to 1.1295.

The British pound dipped to 1.2707 around the close in New York Thursday.

The Japanese yen and Swiss franc however powered ahead, rising to 107.28 and 0.9811 respectively.

The Canadian dollar too was higher, climbing to 1.3185.

The Australian dollar edged up to 0.6920, while the New Zealand dollar slipped a tad to 0.6584.

In Asian equity markets, the benchmark Shanghai Composite index rose 69.32 points or 2.38% to close out the day at 2,987.12.

The Australian All Ordinaries gained 39.40 points or 0.59% to 6,767.90.

In Japan, the Nikkei 225 jumped 128.99 points or 0.60% to 21,462.86.

Published at Fri, 21 Jun 2019 00:19:37 +0000

Source: Rally on Wall Street continues on, Dow jumps 249 points.

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