[ad_1]
FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the closing bell in New York, U.S., August 23, 2019. REUTERS/Lucas Jackson
(Reuters) – U.S. stocks rallied more than 1% on Thursday, buoyed by gains in the trade-sensitive technology and industrial sectors, as China expressed hope on trade negotiations with the United States, easing concerns that rising tensions could stoke a recession.
The Dow Jones Industrial Average .DJI rose 326.15 points, or 1.25%, to 26,362.25, the S&P 500 .SPX gained 36.62 points, or 1.27%, to 2,924.56 and the Nasdaq Composite .IXIC added 116.51 points, or 1.48%, to 7,973.39.
Reporting By Chuck Mikolajczak; Editing by Dan Grebler
Our Standards:The Thomson Reuters Trust Principles.
[ad_2]
Source link