NIFTY 50

Wall Street rises for third straight day on data, earnings

Updated : May 17, 2019 06:26 AM IST

All three major US stock indexes pared gains late in the session, adding less than 1 percent and bringing the bellwether S&P 500 close to 2 percent below an all-time high reached on April 30.
While the escalating US-China tariff war continued to be a concern for market participants, upbeat quarterly results and data pointing to a strong US economy helped ease trade-related jitters.
The Dow Jones Industrial Average rose 214.66 points, or 0.84 percent, to 25,862.68, the S&P 500 gained 25.36 points, or 0.89 percent, to 2,876.32 and the Nasdaq Composite added 75.90 points, or 0.97 percent, to 7,898.05.
Wall Street rises for third straight day on data, earnings
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV