US stocks recover as Brexit worries ease

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IANS New York
Last Updated : Jun 30 2016 | 2:22 AM IST

US stocks traded higher as global markets continued to rebound from previous sharp losses after Britain's vote to leave the European Union (EU).

The Dow Jones Industrial Average on Wednesday jumped 209.56 points, or 1.20 per cent, to 17,619.28, Xinhua news agency reported.

The S&P 500 rose 26.66 points, or 1.31 per cent, to 2,062.75. The Nasdaq Composite Index surged 69.26 points, or 1.48 per cent, to 4,761.13.

US stocks closed more than 1.5 per cent higher on Tuesday, as Wall Street saw an opportunity to buy following two-day sharp selloff after Britain's vote to leave the European Union (EU).

--IANS

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First Published: Jun 30 2016 | 2:08 AM IST