X

US Stock Indexes Close Sharply Higher

Dow ends day up 396
By Newser Editors and Wire Services
Posted Aug 16, 2018 3:11 PM CDT
US Stock Indexes Close Sharply Higher
Trader Jonathan Corpina works on the floor of the New York Stock Exchange, Tuesday, Aug. 14, 2018.   (AP Photo/Richard Drew)

(Newser) – Stocks are closing higher on Wall Street following strong results from Walmart and signs of progress in defusing the trade dispute between China and the US, the AP reports. Walmart jumped 9.3% Thursday after reporting its strongest sales growth in a decade as well as a surge in online sales. Boeing jumped 4%, and Teva Pharmaceuticals rose 7.3% after regulators approved its generic version of Mylan's EpiPen allergy treatment. The S&P 500 index rose 22 points, or 0.8%, to 2,840. The Dow Jones Industrial Average rose 396 points, or 1.6%, to 25,558. The Nasdaq composite rose 32 points, or 0.4%, to 7,806. (Read more stock market stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X