How major US stock indexes fared Thursday
March 29, 2018 - 2:12 PM
Stocks closed sharply higher Thursday, snapping a two-day losing streak and finishing a volatile quarter with another surge in technology companies.
Banks and retailers also rose. The gains weren't enough to erase the market's first quarterly loss since 2015. After years of slow-and-steady growth, the market plunged in early February, marking its first 10 per cent drop in two years.
The S&P 500 index rose 35.87 points, or 1.4 per cent, to 2,640.87.
The Dow Jones industrial average gained 254.69 points, or 1.1 per cent, to 24,103.11.
The Nasdaq added 114.22 points, or 1.6 per cent, to 7,063.44.
The Russell 2000 index of smaller-company stocks picked up 16.40 points, or 1.1 per cent, to 1,529.43.
For the week:
The S&P 500 is up 52.61 points, or 2 per cent.
The Dow is up 569.91 points, or 2.4 per cent.
The Nasdaq is up 70.78 points, or 1 per cent.
The Russell 2000 is up 19.34 points, or 1.3 per cent.
For the year:
The S&P 500 is down 32.74 points, or 1.2 per cent.
The Dow is down 616.11 points, or 2.5 per cent.
The Nasdaq is up 160.05 points, or 2.3 per cent.
The Russell 2000 is down 6.08 points, or 0.4 per cent.
News from © The Associated Press, 2018