Motilal Oswal
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Motilal Oswal
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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
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