Business Standard

Wall Street closes sharply higher, tech leads

Image

Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks ended sharply higher on Thursday, with a rally in technology stocks leading the Nasdaq to a 15-year high, helping to offset the impact of some tepid economic data.

The Dow Jones industrial average rose 106.9 points, or 0.6 percent, to 17,969.04, the S&P 500 gained 19.69 points, or 0.95 percent, to 2,088.22 and the Nasdaq Composite added 56.43 points, or 1.18 percent, to 4,857.61.

(Reporting by Ryan Vlastelica; Editing by Nick Zieminski)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 13 2015 | 2:36 AM IST

Explore News