December 12, 2017
Wednesday, April 13, 2016

Wall Street indexes gain at least 1% as financial shares lead

Wall Street rallied for a second straight day on Wednesday, led by gains in beaten-down financial shares after JPMorgan's quarterly results.

The Dow Jones industrial average rose 187.03 points, or 1.06 percent, to 17,908.28, the S&P 500 gained 20.7 points, or 1 percent, to 2,082.42 and the Nasdaq Composite added 75.33 points, or 1.55 percent, to 4,947.42.

European shares rose to a two-week high as a rise in Chinese exports buoyed global stock markets, with mining stocks and banks among the best performers.

The pan-European FTSEurofirst 300 index ended the session up 2.6 percent at 1,349.35 points, its highest closing level since March 14, while the euro zone's blue-chip Euro STOXX 50 index advanced 3.3 percent.

Japanese stocks surged to a fresh 1-1/2 week high as exporters gained on a retreat by the yen while appetites for riskier assets were lifted by upbeat Chinese trade data.

The Nikkei share average had its biggest gain since March 2, climbed 2.8 percent to 16,381.22, its highest close this month.

The broader Topix climbed 2.6 percent to end the day at 1,332.44 with each of its 33 subindexes in positive territory. The JPX-Nikkei Index 400 rose 2.7 percent to 12,035.02.

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Tags:  US  stock market  Europe  Nikkei  

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Edition No. 5055 - This publication is a property of NEFIR S.A. -RNPI Nº 5343955 - Issn 1852 - 9224 - Te. 4349-1500 - San Juan 141 , (C1063ACY) CABA - Director Perdiodístico: Ricardo Daloia