<p content="The S&P 500 and the Dow each clocked their biggest single-session point gains on record on Wednesday.” data-reactid=”15″ type=”text”>The S&P 500 and the Dow each clocked their biggest single-session point gains on record on Wednesday.
<p content="The S&P 500 (^GSPC) rose 4.96%, or 116.6 points, as of market close. The Dow (^DJI) surged 4.98%, or 1,086.25 points. The Nasdaq (^IXIC) rose 5.84%, or 361.44 points.” data-reactid=”16″ type=”text”>The S&P 500 rose 4.96%, or 116.6 points, as of market close. The Dow surged 4.98%, or 1,086.25 points. The Nasdaq rose 5.84%, or 361.44 points.
<p content="The S&P 500 (^GSPC) rose 4.96%, or 116.6 points, as of market close. The Dow (^DJI) surged 4.98%, or 1,086.25 points. The Nasdaq (^IXIC) rose 5.84%, or 361.44 points.” data-reactid=”16″ type=”text”>The combined gains of tech giants Amazon, Microsoft, Apple, Google, Facebook and Netflix during Wednesday’s session alone totaled $242.7 billion in market capitalization. Retail stocks also got a boost following reports that holiday spending increased the most in six years this season.
<p content="The three major indices completely regained losses after a crushing session on Monday, which had been the worst Christmas Eve for stocks on record. At the end of Monday’s session, the S&P 500 was lower by 19.77% from its year-to-date closing high of 2,930.75. The index closed lower by 20% from its intraday high of 2,940.91 from September, reaching the percentage decline from a recent peak many consider to define a bear market.” data-reactid=”18″ type=”text”>The S&P 500, Dow and Nasdaq completely regained the losses after a crushing session on Monday, which had been the worst Christmas Eve for stocks on record.
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