CS 17-May-2016
Wall Street rallied sharply on Monday, juiced by a jump in Apple shares and gains from energy stocks that were backed by stronger oil prices.
Apple shares finished up 3.7 percent after Warren Buffett’s Berkshire Hathaway reported a stake worth about $1 billion in the iPhone maker. The stock, which had lost
about one-fifth of its value in the past month, gave the biggest boost to the three indexes.
The Dow Jones industrial average rose 175.39 points, or 1 percent, to 17,710.71, the S&P 500 gained 20.05 points, or 0.98 percent, to 2,066.66 and the Nasdaq Composite added 57.78 points, or 1.22 percent, to 4,775.46.
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Tuesday, 17 May 2016
CAPITAL STROKE UPDATE : US MARKETS 17-May-2016
01:47
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